Altice Europe $2.5bn buy out faces further challenge

Patrick Drahi's attempt to take his European telecoms empire private faces another hurdle after London hedge fund Winterbrook Capital launched legal filings in the US to try to force the company's advisers and an executive to issue documents about the deal ahead of formal litigation... The board recommended the offer yet the take private has attracted the ire of hedge funds holding Altice shares, including Lucerne and now Winterbrook...

Read more: Altice Europe $2.5bn buy out faces further challenge | Financial Times (ft.com)