Canada’s Cogeco Cable, has agreed to buy US cableco Atlantic Broadband for USD1.36 billion, allowing the company to expand into its neighbour market after a failed attempt to gain a foothold in Europe with Portugal’s Cabovisao. Cogeco is purchasing the company from private-equity firms Abry Partners and Oak Hill Capital Partners in a deal that is expected to be completed by end-2012
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OVETEL Cogeco Cable buys US cableco Atlantic Broadband for USD1.36bn
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