Altice USA to Acquire Cheddar
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Nomura/Instinet Reiterates Buy Rating on Altice-USA (ATUS)
May 1, 2019 7:05 AM EDTNomura/Instinet analyst Gregory McNiff reiterated a Buy rating and $25.00 price target on Altice-USA (NYSE: ATUS) following the company's announced acquisition of Cheddar for $200mn in an all-cash transaction. McNiff views the acquisition as a savvy move to expand Altices advertising distribution... More
