|Bid||1,751.37 x 0|
|Ask||1,813.85 x 800|
|Day's Range||1,748.32 - 1,780.99|
|52 Week Range||1,031.39 - 2,044.41|
|Beta (5Y Monthly)||0.42|
|PE Ratio (TTM)||43.35|
|Earnings Date||Nov 05, 2020 - Nov 09, 2020|
|Forward Dividend & Yield||10.00 (0.57%)|
|Ex-Dividend Date||Aug 17, 2020|
|1y Target Est||1,887.71|
Mega Broadband Investments Holdings LLC ("MBI" or the "Company") and Cable One, Inc. (NYSE: CABO) ("Cable One") announced today that they have entered into a definitive agreement providing for a strategic investment by Cable One in MBI. Cable One will purchase a 45% minority stake in MBI from affiliates of GTCR LLC ("GTCR"), a leading private equity firm, for approximately $574.1 million in cash, subject to adjustment for certain new debt incurrences and transaction expenses. In addition to the minority stake it will acquire, Cable One will have the right to purchase the remaining interests in MBI at a predetermined multiple of earnings beginning in 2023.
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
Cable One, Inc. (NYSE: CABO) (the "Company" or "Cable One") today announced the election of Sherrese M. Smith to the Company’s Board of Directors, which was effective August 4, 2020. Her election increases the size of Cable One’s Board to 11 members.