Mega broadband investments, cable one announce strategic partnership

Mega broadband investments and cable one announce strategic partnership.cable one inc - deal for approximately $574.1 million in cash.cable one inc - entered into a definitive agreement providing for a strategic investment by cable one in mbi.cable one inc - will purchase a 45% minority stake in mbi from affiliates of gtcr llc.cable one inc - will have right to purchase remaining interests in mbi at a predetermined multiple of earnings beginning in 2023.cable one inc - expects to fund transaction through cash on hand.
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