17 September 2015
Paris - On 17 September Altice N.V. (Euronext: ATC, ATCB) and Cablevision Systems Corporation (NYSE: CVC) announced they had reached a final agreement for the acquisition of Cablevision by Altice. Following the agreement, each Cablevision share will be purchased at $34.90 per share.
The two operators constitute the fourth biggest US cable operator. This acquisition is a new step in Altice’s development on the US market after the acquisition of Suddenlink which took place during the first half of 2015.
Mayer Brown, represented by a French-American team led by Laurent Borey, has assisted Altice in the structuring of this deal.
List of Mayer Brown’s team members with Altice:
- Mayer Brown Paris: Laurent Borey and Olivier Parawan (partners), Nathalie Jacquart
- Mayer Brown New York: Jason Bazar (partner), Lucas Giardelli and Maurice Worsley
- Mayer Brown Chicago: Lee Morlock (partner).