https://globenewswire.com/news-release/2018/01/08/1285413/0/en/Altice-NV-Altice-Announces-Group-Reorganization-Altice-USA-Spin-Off-and-New-Altice-Europe-Structure.html
20 replies (most recent on top)
Word on the street is Dolan is going to buy it back at half the price and then make everything nice again.
Yeah right!
"The reason they are separating the corporate entities is the same reason cablevision did it with us, the knicks, msg, etc ..so they can break off pieces if needed and unload debt. Lets face it this company is in tremendous debt. They bit off way more than they can chew with all the m&a. This is why the carribean systems are for sale, cell towers for sale, scrapped ftth in france, etc. And they keep looking for ways to penny pinch. Saving a million here and there doesnt scratch the surface when you owe billions."
BINGO! ✌💪👊🤝🇺🇸
Please let it be Suddenlink - and please let it be fast!
The reason they are separating the corporate entities is the same reason cablevision did it with us, the knicks, msg, etc ..so they can break off pieces if needed and unload debt. Lets face it this company is in tremendous debt. They bit off way more than they can chew with all the m&a. This is why the carribean systems are for sale, cell towers for sale, scrapped ftth in france, etc. And they keep looking for ways to penny pinch. Saving a million here and there doesnt scratch the surface when you owe billions. Financial institutions wont lend them any more money. And they will need to make interest payments on that debt real soon. A sale of a major piece of property could be in order down the road. Could be sfr, us, who knows.
I'd go with the tax breaks they are huge I'll bet.
No offense, as long as that check clears. Im going to keep my opinion on this useless company to myself.
I wonder if we will get a bonus if they get more money from this tax bill. After all we are the ones working in sub freezing temperatures this week for these greedy people.
Wonder if they are doing it to get in on this tax bill that all these other companies are getting.
They’re just muddying the water... IRS is probably hot on their tales! The feds are gonna need an army of forensic accountants to figure this one out when it goes all Enron!
They spin off to divest their assets, then they borrow and sell to themselves and their shareholders. True cablevisionaries.
They spun them off in 2010 sold much later then that keep trying
They spun those off to sell
Not at all thinking positive but everyone always acts negative about everything and jumps to conclusions. Just waiting for our group or analyst techs to start spewing their theories. And in return to your question why do you think this will be a negative thing. Don't remember anyone saying anything when cablevision spun off amc or msg or radiocity.
Why you thinking this will be positive?
There's those conspiracy theories. Keep em coming
Chartervision will purchase
Altice USA will essentially give a billion dollar parting gift to NV. Then will be for sale with low overhead. These guys are smarter than they look.
Spectrum and Comcast will be buying Alice USA
Just read the article you can't make this stuff up
Come on everyone throw out their conspiracy theories now....