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Cable operator Altice USA Inc. has agreed to acquire Cheddar Inc.'s streaming video network for $ 200 million, a 100% cash transaction that should enhance the visibility of the company's information division.
Jon Steinberg, founder and CEO of Cheddar, will become president of Altice News, a unit that will include Cheddar as well as Altice's News 12 and i24News, a news channel.
M ….
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