Cable One Inc

NYSE:CABO   3:54:13 PM EDT
1,799.99
+13.87 (+0.78%)
Strategic Combinations, Equity Investments, Other Pre-Announcement

Mega Broadband Investments, Cable One Announce Strategic Partnership

Published: 09/28/2020 22:52 GMT
Cable ONE Inc (CABO) - Mega Broadband Investments and Cable One Announce Strategic Partnership.
Cable One Inc - Deal for Approximately $574.1 Million in Cash.
Cable One Inc - Entered Into a Definitive Agreement Providing for a Strategic Investment by Cable One in Mbi.
Cable One Inc - Will Purchase a 45% Minority Stake in Mbi From Affiliates of Gtcr Llc.
Cable One Inc - Will Have Right to Purchase Remaining Interests in Mbi at a Predetermined Multiple of Earnings Beginning in 2023.
Cable One Inc - Expects to Fund Transaction Through Cash on Hand.