Macro Finance
Cable One Lender Seeks to Block $480 Million Mega Broadband Deal
Bloomberg Markets·October 9, 2026·1 min read
CoBank ACB filed a lawsuit Friday seeking to block Cable One Inc. from acquiring a 55% equity stake in Mega Broadband Investments from private equity firm GTCR. The lender's legal action targets the $480 million deal, which CoBank argues would harm its interests as a creditor of the broadband operator.
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