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Stock impact report

Charter Communications Weighs Takeover of Altice USA [Yahoo! Finance]

Altice USA, Inc. Class A (ATUS) 
Last altice usa, inc. class a earnings: 2/12 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Most Read from Bloomberg BYD's New $233,450 EV Supercar to Rival Ferrari, Lamborghini Stock Rally Stalls at Start of Data-Packed Week: Markets Wrap Freddie Mercury's London Residence Lists at £30 Million Jacob Rothschild, Financier and Philanthropist, Dies at 87 Poland's Famously Frank Top Diplomat Lands a Blow With Rebuff of Russia Altice USA's stock soared on the news, gaining as much as 63% for the biggest jump since its spinoff of in 2018. Shares of Altice USA, which has more than $25 billion in debt, closed up 36% to $2.49 Monday in New York, giving the company a market value of about $1.14 billion. Charter is working with financial advisers as it studies the merits of a potential deal for the US broadband and video services provider, the people said, asking not to be identified discussing confidential information. It's unclear whether a formal approach has been made and Charter could decide not to pursue a transaction, the people said. Representatives for Char Show less Read more
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