Law360, New York (July 19, 2012, 5:28 PM ET) -- London private equity house BC Partners Ltd. has teamed up with the private investment arm of Canada's national retirement fund to purchase leading U.S. regional cable operator Suddenlink Communications in a deal valued at $6.6 billion, the target company announced Wednesday.
The buyers will make a nearly $2 billion equity investment in St. Louis-based Suddenlink and take almost $4.1 billion of net liabilities off the hands of the cable company's private equity owners, which include Goldman Sachs Capital Partners, the Quadrangle Group and Oaktree Capital Management...
PE Firm, Pension Fund Put Up $6.6B In Suddenlink Buy
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