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Exclusive: TPG explores $8 billion sale of U.S. cable operator Astound

Y2kTheNewOldies

Y2kTheNewOldies

(Reuters) - Private equity firm TPG is exploring a sale of Astound that could value the owner of a U.S. network of regional cable TV and internet providers at more than $8 billion, including debt, according to people familiar with the matter.

The potential sale would come as cable operators have seen their fortunes buoyed by consumers requiring more internet bandwidth, as they stay home to work and be entertained during the COVID-19 pandemic.
Click to expand...

https://www.newsbreak.com/news/2051...s-8-billion-sale-of-us-cable-operator-astound

This is proposed at this time.
 
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