Charter Puts Up $1.7B For Cablevision's Optimum West

Law360, New York (February 7, 2013, 9:21 PM EST) -- Charter Communications Inc. is picking up a Mountain States-dedicated cable management company from Cablevision Systems Corp. for $1.65 billion, the companies said Thursday, in a deal that will return Cablevision to its East Coast-only cable service roots.

Per the cash deal, a Charter unit will merge with Bresnan Broadband Holdings LLC, which is more commonly known as Optimum West, and will gain access to more than 660,000 homes in Colorado, Montana, Wyoming and Utah, according to a statement. This will leave Cablevision, which picked up Bresnan...
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