Optical Cable Corp. to purchase and retire up to 320,000 shares of its common stock
Roanoke-based Optical Cable Corp. plans to purchase and retire up to 320,000 shares of its common stock, or nearly 5 percent of the current shares outstanding.
Cablevision said Wednesday it will offer $500 million of senior notes and plans to use the proceeds to buy shares of CSC Holdings, its wholly owned subsidiary.