stopthecap.com
Cablevision, Suddenlink Will Bail Out Altice's Struggling European Business ·
Cablevision and Suddenlink are coming to the rescue of their parent company Altice in a deal that will transfer $1.5 billion from the two American cable operators to help bail out its struggling European operation, according to the Wall Street Journal. Founding shareholder Patrick Drahi is splitting his U.S. cable operations away from Altice NV, spinning …