Altice usa announces closing of sale of 49.99% of lightpath fiber enterprise business to morgan stanley infrastructure partners

New york--(business wire)--altice usa (nyse: atus) today announces it has closed the previously announced sale of 49.99% of its lightpath fiber enterprise business to morgan stanley infrastructure partners (msip) for an implied enterprise value of $3.2 billion. altice usa will retain a 50.01% interest in lightpath and maintain control of the company. “we are pleased to have closed this transaction and partner with morgan stanley infrastructure partners to support ongoing and new growth initiati
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