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Thank you Fleccy - I was well aware that ATUS is American - clue in name
However it is nonetheless interesting that someone like Malone is perhaps looking to get involved with Drahi
Last 2 days had seen ATUS stock up c50%
Before anyone has a pop this does not mean anything other than …..LOL
The following is an extract from Invezz
"Altice may be acquired by Charter
First, Altice (ATUS) stock price jumped by more than 36% on Monday after Bloomberg reported that Charter Communications had approached it. Altice was one of the best performers in New York on Monday.
Such a deal would join two highly-embattled cable companies that are struggling as the cord-cutting trend continues. Altice stock has fallen by over 33% in the past 12 months, bringing its total market cap to less than $1 billion. "
As we have now had c4weeks of this tribunal
Is anyone prepared to put together a view on how it is going?
I watched 15 minutes of this morning’s proceedings and got lost - apparently there was an “expert economist” giving his opinions 🤦🏻♂️
Early issue of Pension Scheme numbers gives Drahi/DT info to formulate a potential bid from 24th November which is date Drahi can make a move onwards ie one of the risks has been calculated
AIMO