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Cable One to buy privately held NewWave for $735 mln
January 18, 2017 / 11:47 AM / a year ago

Cable One to buy privately held NewWave for $735 mln

Jan 18 (Reuters) - U.S. cable service provider Cable One Inc said on Wednesday that it would buy privately held rival NewWave Communications for $735 million in cash.

NewWave, which caters to non-urban markets similar to Cable One, is owned by funds affiliated with GTCR LLC, a Chicago-based private equity firm. (Reporting by Laharee Chatterjee; Editing by Savio D‘Souza)

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