Cable / Telecom News

Altice-Rogers bid for Cogeco expires

Companies say they won’t pursue the acquisition further TORONTO and NEW YORK — The joint Altice USA-Rogers Communications months-long pursuit of Cogeco and Cogeco Communications has come to an end, with the companies’ second acquisition offer expiring today and both Altice and Rogers saying they won’t pursue the matter further. In an email statement sent to Cartt.ca, an Altice spokesperson said: “Our offer to acquire Cogeco in order to own Atlantic Broadband has expired and we do not intend to extend it. We remain committed to our growth strategy and continue to focus on opportunities to drive value for our...