Alva Review-Courier -

Mega Broadband Investments and Cable One Announce Strategic Partnership

 

September 27, 2020



SHAWNEE, Okla. & PHOENIX--(BUSINESS WIRE)--Sep 28, 2020--

Mega Broadband Investments Holdings LLC ("MBI" or the "Company") and Cable One, Inc. (NYSE: CABO) ("Cable One") announced today that they have entered into a definitive agreement providing for a strategic investment by Cable One in MBI. Cable One will purchase a 45% minority stake in MBI from affiliates of GTCR LLC ("GTCR"), a leading private equity firm, for approximately $574.1 million in cash, subject to adjustment for certain new debt incurrences and transaction expenses. In addition to the minority stake it will acquire, Cable O...



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