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CoBank TRO Blocks Cable One’s Planned Mega Broadband Acquisition
The proposed $480 million deal would give Cable One the 55% stake in Mega Broadband it does not already own.

A temporary restraining order is blocking Cable One’s planned $480 million purchase of the 55% stake in Mega Broadband it does not already own, putting the acquisition and the company’s long-term strategic plans at risk.
The proposed deal would give Cable One full ownership of Mega Broadband.