Optimum subsidiary to buy 120M shares at $2.50 in oversubscribed tender
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Optimum Subsidiary Announces Preliminary Results of Tender Offer for Shares of Optimum’s Class A Common Stock
July 1, 2026 8:00 AM EDTNEW YORK--(BUSINESS WIRE)-- CSC Investments II LLC, a Delaware limited liability company (CSC Investments II), and a wholly owned subsidiary of Optimum Communications, Inc. (NYSE: OPTU) (Optimum), today announced the preliminary results of its tender offer, which expired at 5:00 p.m., New York City time, on June 30, 2026.
Based on the preliminary count by Equiniti Trust Company, LLC, the depositary for the tender offer (the Depositary), a total of approximately 254,956,213 shares of Optimums Class A Common Stock, par value $0.01 per share (each share of Optimums Class A Common Stock, a Share, and collectively, the Shares),... More
