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home / news releases / CBB - Buy The Cincinnati Bell's Bidding War


CBB - Buy The Cincinnati Bell's Bidding War

Cincinnati Bell Inc. (CBB) signed a $10.5 deal with Brookfield Infrastructure Partners L.P. (BIP). The implied EV/EBITDA of the deal is below 7x EBITDA, which I believe is a low ball. Very recently, another infrastructure fund offered $12 for the company. I still believe that we will see new bids. In my opinion, there is a significant upside in the stock price. Additionally, with two bidders, we could see a bidding war. Smart money managers are betting on the company.

Business Model And Most Recent M&A Activity

Founded in 1873 and

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Stock Information

Company Name: Cincinnati Bell Inc.
Stock Symbol: CBB
Market: NYSE
Website: cincinnatibell.com

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