Patrick Drahi’s Sudden Rise to the Top of the Cable Heap

September 17, 2015 3:02 PM

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Patrick Drahi’s Sudden Rise to the Top of the Cable Heap

Start spreading the news. Patrick Drahi is officially a major player in the U.S. cable market.

The French entrepreneur’s run to the top echelon of the industry has been rapid. The cable company he controls, Altice NV, said Thursday it would buy Cablevision Systems Corp. for about $10 billion. If the deal closes, his firm would add a cable company that’s the fourth-largest in the U.S. and part...

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