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Daniel Frankel

Altice USA in Negotiations to Sell Cheddar News to Private-Equity Company Regent (Report)

Altice USA Cheddar Regent United States CNBC Next TV

Cheddar.com image.

Altice USA is in talks to sell digital platform Cheddar News to Los Angeles-based private equity company Regent, CNBC reports.

Reached via email, an Altice USA press rep told Next TV that the No. 4-sized U.S. cable company "doesn't comment on rumors and speculation." But it had already been reported back in July that the MSO had hired Goldman Sachs to explore strategic options for Cheddar News, which Altice USA acquired in 2019 for $200 million.

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