m_and_a
confidence high
sentiment positive
materiality 0.75
Cable One to acquire remaining 55% of Mega Broadband for ~$475M–$495M
Cable One, Inc.
- Purchase price for 55% of MBI expected $475M–$495M; net debt assumed ~$845M–$895M.
- MBI had ~$310M revenue, ~210K data customers, ~675K passings in trailing twelve months.
- Cable One to finance with cash and/or borrowings under existing $1.25B revolver; close expected Oct 1, 2026.
- Separately, Clearwave Fiber (Cable One JV) to merge with Point Broadband; Cable One becomes minority equityholder in Point Holdings, close Q2 2026.
item 1.01item 7.01item 8.01item 9.01