- With Charter's deal for TWC and Bright House done, Altice (OTCPK:ATCEY) may be headed for closure on its $17.7B deal for Cablevision (NYSE:CVC) after its own long road.
- New York's Public Service Commission says in a statement that assuming conditions are met, the deal will be in the public interest.
- That means Altice could close after a June 16 PSC vote. The deal got a blessing from the FCC early this month.
- Conditions include many of those reported earlier: customer service and job protections (Altice reportedly wants to garner $900M in synergies, and it has a history of heavy cuts in acquisitions), along with low-cost broadband for low-income families.