** Cable TV provider Altice USA Inc down 2.5 pct at $21.25 premarket on an unregistered block trade
** Market sources say Morgan Stanley reoffered 13.5 mln shares at $21.35-$21.50, the bottom end a 2 pct discount to ATUS’s last sale on Mon; seller(s) not known at this time
** Block represents ~4 pct of co’s free float of shares and just north of 2 days worth of trading volume
** Transaction comes less than 2 weeks after BC Partners and Canada Pension Plan sold 34 mln ATUS shares, cutting their combined stake to ~10.5 pct; co bought 7 mln of those shares and JP Morgan reoffered remaining 27 mln at $21.50 on Mar 1
** Aside from investors noted above, other holders that own at least 13.5 mln shares are: Neptune Holding (entity controlled by billionaire, and Altice founder, Patrick Drahi); Vanguard, Dodge & Cox, Citadel and Capital Group Cos (Refinitiv data)
** ATUS has gained 32 pct in 2019, but is still well below its $30 Jun 2017 IPO price
