Deals
Cablevision Climbs on Speculation Altice Deal Will Spur Sale
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Cablevision Systems Corp. jumped on speculation that an agreement by Europe’s Altice SA to acquire control of Suddenlink Communications may spur more deals in the cable industry.
Cablevision shares rose 17 percent to close at $24.69 on Wednesday, putting the Bethpage, New York-based company’s stock up 20 percent this year.