Altice USA (ATUS) IPO Opens Up 5%

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Altice N.V. and Altice USA Announce Pricing of Altice USA’s Initial Public Offering

June 21, 2017 6:21 PM EDT

NEW YORK--(BUSINESS WIRE)-- Altice N.V. (ATC, ATCB, Altice), a global convergent leader in telecoms, content and advertising, and Altice USA, Inc. (Altice USA), Altices U.S. subsidiary, announce today that Altice USA has priced its initial public offering of 63,943,029 shares of its Class A common stock at a price to the public of $30.00 per share. Of the shares of Altice USAs Class A common stock included in the offering, 12,068,966 shares will be sold by Altice USA, 31,475,965 shares will be sold by funds advised by BC Partners (BC Partners) and 20,398,098 shares will be sold by entities affiliated with the... More