Altice USA IPO goes quite well – pockets a cool $1.9 billion

The results are in from the Altice IPO which has caused a stir recently, and they are some good ones; the team has raised roughly $1.9 billion through the sale of around 6.5% of shares.
This is in fact the second-largest IPO of the year, behind Snap’s $3.9 billion deal, and only the second IPO of a cable company in the last five years, alongside WideOpenWest which last month raised about $310 million. Although this might seem like a good chunk of change, Altice will pocket roughly $330 mil