Analyst Sees Hot Summer for Consolidation | Multichannel
Macquarie Capital media analyst Amy Yong predicted a strong round of consolidation as the weather heats up, as new IPOs from WideOpenWest and Altice USA provide new currencies for deals.“Get ready for a hotbed of activity in the space, brought on by the back-to-back debut of WOW and Altice [USA] on the NYSE and cable-hungry Charter and (maybe) Verizon,” Yong wrote in a note to clients. “We expect Charter, along with overbuilder WOW, to have the most to gain as they drive the next round of cons…
http://www.multichannel.com/news/cable-operators/analyst-sees-hot-summer-consolidation/413648
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