On September 2, 2020, Altice USA announced an unsolicited offer to purchase both Cogeco and Cogeco Communications. If the offer is accepted, Altice would immediately resell Cogeco's Canadian assets to Rogers, which retains large minority interests in both Cogeco companies, while Altice would keep Cogeco's U.S. assets including Atlantic Broadband. Cogeco's controlling shareholders, the Audet family, indicated shortly thereafter that they would not support the offer; it has since been rejected as well by the independent members of the companies' boards of directors, while Quebec Premier François Legault has also signalled his opposition to losing another major Quebec-based company. However, Altice and Rogers said following these responses that they will continue to pursue a purchase, with Rogers promising to maintain a separate management team and regional headquarters for its Quebec operations. In October 2020, a second offer was made by Altice USA and, again, rejected by the Audet family. The second offer was brought to CA$11.1 billion in cash.