Finance (M&A, results, venture capital, private equity, …) News

Cogeco rejects takeover proposal from Altice USA and Rogers
Sep 3, 2020 – Cogeco (TSX: CGO) and Cogeco Communications (TSX: CCA) have announced that the independent members of their boards have rejected the unsolicited, non-binding takeover proposal from Altice USA and Rogers Communications.
News categories: Cogeco, Altice USA, Rogers, Cable TV, Canada, Digital TV, MandA, USA

Altice USA makes offer for Cogeco to get hold of Atlantic Broadband
Sep 2, 2020 – Altice USA (NYSE: ATUS) has presented an offer to acquire Cogeco. Altice USA plans to sell Cogeco's Canadian assets to Rogers Communications (TSX:RCI.A and RCI.B, NYSE: RCI) so as to be left with ownership of Atlantic Broadband.
News categories: Altice USA, Cogeco, Rogers Communications, Atlantic Broadband, Dexter Goei, Cable TV, Canada, Digital TV, MandA, USA

InfoSum raises $15.1 million in Series A funding
Sep 1, 2020 – InfoSum has completed its Series A funding round, raising $15.1 million. The investment is led by Upfront Ventures and IA Ventures and supported by strategic partners Ascential, Akamai, Experian, ITV and AT&T's Xandr.
News categories: InfoSum, Nick Halstead, Brian Lesser, Advertising, Big Data, Digital TV, Venture Capital, Worldwide

Oi investigates sale of its pay TV business
Aug 31, 2020 – Oi S.A. has informed its shareholders and the market in general, that it has initiated a market sounding process to prospect investors interested in acquiring its pay TV business.
News categories: Oi S.A, Brazil, Digital TV, IPTV, MandA, Satellite

Liberty Global publishes offer prospectus for Sunrise Communications
Aug 27, 2020 – UPC Schweiz, a subsidiary of Liberty Global (Nasdaq: LBTYA, LBTYB and LBTYK), has published the Offer Prospectus for its tender for all publicly held shares of Sunrise Communications Group (SIX Swiss Exchange: SRCG).
News categories: Liberty Global, Sunrise Communications, Cable TV, Digital TV, MandA, Switzerland

ITV invests in Infosum-owner Cognitive Logic
Aug 20, 2020 – ITV has agreed to invest $1.375 million (c. £1 million) in cash for a minority shareholding in Cognitive Logic, the 100% owner of InfoSum. InfoSum, which is a commercial partner of ITV, is a data infrastructure business.
News categories: ITV plc, InfoSum, Big Data, Digital TV, MandA, UK

ITV invests in BritBox Australia
Aug 20, 2020 – ITV SVOD Australia, a wholly-owned subsidiary of ITV plc, has agreed to invest AUD 17.7 million in The BritBox Australia Partnership over a period of three years. BBC Studios will be providing equal funding.
News categories: ITV plc, Australia, Digital TV, Streaming, Venture Capital

Liberty Global to acquire Sunrise Communications by tender offer
Aug 12, 2020 – Liberty Global (Nasdaq: LBTYA, LBTYB and LBTYK) has announced that, in agreement with Sunrise Communications Group (SIX: SRCG), it will make an all cash public tender offer for the shares of Sunrise.
News categories: Liberty Global, Sunrise Communications, Mike Fries, Cable TV, Digital TV, MandA, Switzerland

DISH Network pay TV subscribers down 51,000 in 2Q 2020
Aug 7, 2020 – DISH Network (NASDAQ: DISH) has reported results for the quarter ending June 30, 2020. In the quarter, DISH TV's subscriber count increased by 5,000 and SLING TV net subscribers decreased by approximately 56,000.
News categories: DISH Network, Digital TV, Results, Satellite, Streaming, Subscribers, USA