Altice Europe founder raises offer to take company private

The founder of Altice Europe NV , Patrick Drahi, has raised his offer to take the telecoms company private, to 5.35 euros ($6.53) per share from 4.11 euros, he said on Wednesday... “This revised offer represents a significant increase in price, demonstrating that the company and its independent directors recognize the inherent value of Altice Europe stock,” Lucerne Capital said in a separate statement...

Read more: UPDATE 1-Altice Europe founder raises offer to take company private | Reuters