Altice N.V. and Altice USA Announce Closing of Altice USAandrsquo;s Initial Public Offering

Altice N.V. (ATC, ATCB, "Altice"), a global convergent leader in telecoms, content and advertising, and Altice USA, Inc. (NYSE:ATUS, "Altice USA"), Altice's U.S. subsidiary, announce today the closing of Altice USA's initial public offering of 71,724,139 shares of its Class A common stock at a price to the public of $30.00 per share, including the underwriters full exercise of their option to purchase 7,781,110 shares to cover over-allotments. Altice owns approximately 70.2% of Altice USA's issued and outstanding common stock, which represents approximately 98.2% of the voting power of Altice USA's outstanding common stock. Altice USA's Class A common stock began trading on June 22, 2017, on the New York Stock Exchange under the symbol "ATUS". Click here for more.

from Cellular News http://bit.ly/2sQ3nPG