Altice USA & Rogers Communications team up to takeover telecom company Cogeco

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Altice USA & Rogers Communications team up to takeover telecom company Cogeco

  • Cable company Altice and Rogers jointly bid $10.3 billion for Cogeco Inc. and Cogeco Communications Inc
  • Altice would get the US assets and Rogers will acquire Canadian assets if the deal comes through.
  • Stiff opposition Gestion Audem, which holds 69% voting rights at Cogeco Inc and 82% at Cogeco Communications.

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