- The cable company Altice USA is said to be weighing a potential sale of Cheddar News, the network once billed as “CNBC for millennials,” less than five years after buying the company.
- Altice USA has hired Goldman Sachs to help explore strategic alternatives for Cheddar News.
- They cautioned that Altice was still weighing its options and could decide against a sale.
- Representatives for Altice USA and Goldman declined to comment.
