The Wall Street Journal: Stonepeak to buy cable operator Astound for $3.6 billion

Stonepeak Infrastructure Partners said it is buying Astound Broadband, the sixth largest U.S. cable-TV provider, for $3.6 billion, in one of the biggest leveraged buyouts this year.

Stonepeak Infrastructure Partners said it is buying Astound Broadband, the sixth largest U.S. cable-TV provider, for $3.6 billion, in one of the biggest leveraged buyouts this year.