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Altice USA offers to buy Canada's Cogeco in $8 bln deal

Sept 2 (Reuters) - Cable operator Altice USA Inc said on Wednesday it offered to buy Canadian cable company Cogeco Inc in a C$10.3 billion ($7.88 billion) deal.

Altice said it entered into an arrangement to sell Canadian assets of Cogeco to Rogers Communications Inc, and would own Cogeco’s U.S. assets if the deal goes through. ($1 = 1.3071 Canadian dollars) (Reporting by Munsif Vengattil in Bengaluru; Editing by Ramakrishnan M.)

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