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Frustrated by Delays, GTCR and Mega Broadband Seek Court Intervention in Stalled $480 Million Cable One Deal
The protracted legal battle surrounding Cable One’s acquisition of Mega Broadband Inc. (MBI) has reached a new boiling point, leaving the private equity firm GTCR and its portfolio company deeply frustrated as the high-stakes transaction remains indefinitely stalled in a New York court. With the multi-million-dollar deal trapped in a holding pattern for weeks, MBI…
