Altice/Cablevision Gets Tentative DOJ Approval With Conditions
Any FCC approval of Altice's purchase of Cablevision should be predicated on the Dutch telecom following national security agreement terms similar to those it signed when it bought Suddenlink in 2015 (see 1512160051), DOJ said in a filing Wednesday in…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
docket 15-127. Justice recommendations also include some minor alterations of the Suddenlink letter of agreement dealing with different deadlines and audit procedures for the Cablevision transaction. Altice didn't comment Thursday. Cablevision said earlier this year that it still expects the deal to close in Q2 (see 1602250011) and the New York Public Service Commission is finishing a review, with a May 20 deadline (see 1604050059). The FCC's unofficial 180-day shot clock for review of the deal was at Day 168 Thursday.