Apollo, Oaktree sue Drahi over Optimum cable asset transfer

Financial Times · 8 hours ago
  • Bondholders argue Patrick Drahi is liable for a 'brazen' plan to move Optimum Communications' most valuable cable TV assets out of reach.
  • Apollo and Oaktree filed suit over the restructuring of Optimum Communications, a US cable TV operator.
  • The dispute focuses on Optimum Communications' most valuable cable TV assets.

Quotes

“Bondholders argue billionaire is liable for ‘brazen’ plan to move Optimum Communications’ most valuable cable TV assets out of reach”— Financial Times

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