Optimum subsidiary buys 120M shares at $2.50 in tender offer

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Optimum Subsidiary Announces Final Results of Tender Offer for Shares of Optimum’s Class A Common Stock

July 6, 2026 8:00 AM EDT

Optimum Subsidiary Acquires 120,000,000 Shares at $2.50 Per Share

NEW 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 final results of its tender offer, which expired at 5:00 p.m., New York City time, on June 30, 2026.

Based on the final count by Equiniti Trust Company, LLC, the depositary for the tender offer (the Depositary), a total of 246,605,915 shares of Optimums Class A Common Stock, par value $0.01 per share (each... More