Judge halts Cable One-Mega Broadband deal as it was about to cross the finish line

T2Covered by 1 source · first reported by Light Reading / Fierce Network / Telecoms.com / RCR Wireless / Mobile World Live at 12 Oct, 12:00 UTC

A NY federal judge has blocked Cable One's deal to acquire the rest of Mega Broadband after a lender sued to halt the $480 million transaction, arguing that the cable op 'is trending towards a bankruptcy proceeding.'

businessiottelecomxr

Sources

• T2Judge halts Cable One-Mega Broadband deal as it was about to cross the finish lineLight Reading / Fierce Network / Telecoms.com / RCR Wireless / Mobile World Live12 Oct, 12:00