Altice USA, Rogers to pursue Cogeco deal despite rejection

COGECO

03/09/2020 23:11

Sept 3 (Reuters) - Cable operator Altice USA Inc  ATUS.N 
and Rogers Communications Inc  RCIb.TO  said on Thursday they
will pursue deal talks for Cogeco Inc's  CGO.TO  assets after a
C$10.3 billion bid was rejected by the Canadian telecom
company's board.
    The offer was also rejected by Cogeco's top investor on
Wednesday.
    Altice USA is looking to buy the U.S. assets of Cogeco and
sell the rest to Rogers Communications.  urn:newsml:reuters.com:*:nL1N2FZ2EB

 (Reporting by Shradha Singh in Bengaluru)
 ((Shradha.Singh@thomsonreuters.com; within U.S. +1 646 223 8780
Ext: 2804, outside U.S. +91 80 6182 2630;))