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Two funds in talks to buy over $1 billion Cablevision stake

2015-10-05 18:21:23| Telecom - Topix.net

Canada Pension Plan Investment Board and private-equity firm BC Partners are in talks to acquire more than $1 billion in Cablevision Systems Corp. shares as part of Altice NV's takeover of the U.S. cable provider, according to people familiar with the matter. The amount hasn't been finalized and a deal could still fall apart, the people said, asking not to be identified because the negotiations are confidential.

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