Altice completes deal to buy Cablevision for $17.7B

Bethpage-based Cablevision officially has new ownership.



Executives from Altice announced Tuesday that the deal to buy Cablevision for $17.7 billion has been completed.



Altice's acquisitions of Cablevision and Missouri-based Suddenlink form "Altice USA," which is the fourth-largest cable company in the country.



Altice USA is the parent company of News 12 Long Island.



 


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