Charter agreed to acquire Cablevision’s Optimum West systems for $1.652...
Charter agreed to acquire Cablevision’s Optimum West systems for $1.652 billion in cash, the companies said. The systems, which were formerly Bresnan’s, pass more than 660,000 homes in Colorado, Montana, Wyoming and Utah, where they serve about 304,000 video subscribers.…
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“Optimum West is an ideal fit for Charter and we anticipate an efficient integration,” said Charter CEO Tom Rutledge, a former Cablevision executive. Cablevision said it expects the transaction to close in the third quarter.