Altice USA Inc - Ordinary Shares - Class A

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Altice Europe: Next Private Increases Offer Price To EUR 5.35

Published: 12/16/2020 07:31 GMT
Altice USA Inc - Ordinary Shares - Class A (ATUS) - Next Private Increases Offer Price to EUR 5.35.
Boussard & Gavaudan, Diameter, Elliott, Lb Partners, Lucerne, Sessa, Sheffield and Winterbrook Commit to Tender Their Listed Shares Under Offer.
Pending Enterprise Chamber Proceedings Will Be Withdrawn Today.
Non-conflicted Board Members Continue to Fully Support and Recommend Offer.
Increased Offer Price Represents a Premium of 61.1% to Altice Europe's Closing Price on 10 September 2020 of EUR 3.32.
Price is a Premium of 51.6% to Altice Europe's Volume-weighted Average Price for 180 Days Up to and Including 10 September 2020 of EUR 3.53.
All Other Terms of Offer Remain Same As Announced on 24 November 2020 and As Set Out in Offer Memorandum.
Consideration for Listed Shares Already Tendered Under Offer Will, If Offer is Declared Unconditional, Also Amount to Increased Offer Price.