Cablevision (CVC +5.1%) is close to executing a sale of Optimum West to Charter Communications...

|About: Cablevision Systems Corpo... (CVC)|By:, SA News Editor

Cablevision (CVC +5.1%) is close to executing a sale of Optimum West to Charter Communications (CHTR), according to a Bloomberg report. Raymond James  thinks the near-term benefit from the deal goes to Cablevision without a lot of synergies for Charter to build off of from the 300K customers in the western part of the U.S. it picks up in the acquisition.