International Trade Today is a Warren News publication.

Liberty, Searchlight to Buy Choice Cable

Liberty Global and Searchlight Capital Partners will buy Puerto Rico’s second largest cable provider, Choice Cable TV, for $272.5 million, Liberty said in a news release Wednesday. Choice’s operations will be combined with Liberty Cablevision of Puerto Rico to form…

Sign up for a free preview to unlock the rest of this article

If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.

the island’s largest cable provider, 60 percent-owned by Liberty Global and 40 percent-owned by Searchlight. The deal needs regulatory approval and is expected to close in the first half of 2015, said Liberty.