Optimum Communications Announces $300M Partial Tender Offer to Repurchase up to 120M Shares

Deal Summary

Optimum Communications, Inc. (OPTU) disclosed a partial tender offer to repurchase up to 120 million Class A common shares at $2.50 per share, representing a potential $300 million transaction. The offer, made by CSC Investments II LLC, a wholly‑owned subsidiary of Optimum, expires on June 30, 2026. The tender provides shareholders an option to sell their shares for cash.