Altice, Suddenlink Ask About Status of Regulatory Approval for Takeover Deal
The comments period on their merger having closed a month ago, Altice and Suddenlink asked the FCC Wireline Bureau where their $9.1 billion deal stands. According to an ex parte filing posted Friday in docket 15-135, Cequel General Counsel Craig…
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Rosenthal and Altice Head of Business Development and M&A Burkhard Koep were among company officials who met with Wireline Bureau top staff to talk about "the status and timing of the regulatory approval process" and the review standards applicable to Altice's takeover of Cequel -- Cequel doing business as Suddenlink. The public comment period ended July 24, with replies on comments due Aug. 10. The docket saw sparse opposition to the proposed deal (see 1507240027). The FCC declined to comment Monday.