Lucerne Capital Management

Altice Europe investor accuses Drahi of ‘illicit’ move to transfer value

A minority investor in Altice Europe has objected to the all-cash offer launched by founder Patrick Drahi with the aim to take the company private, and has accused Drahi of an “illicit” move to transfer value to himself at the expense of other shareholders. Lucerne Capital Management, which advises funds owning about €94 million of […]