Brief: Consolidated Communications Announces Sale Of Wireless Investments To Verizon
Aug 1 (Reuters) - Consolidated Communications Holdings Inc
CNSL.O :
* CONSOLIDATED COMMUNICATIONS ANNOUNCES SALE OF WIRELESS
INVESTMENTS TO VERIZON
* CONSOLIDATED COMMUNICATIONS HOLDINGS INC - DEAL FOR AN
AGGREGATE
PURCHASE PRICE OF $490 MILLION
* CONSOLIDATED COMMUNICATIONS HOLDINGS - NET PROCEEDS OF
SALES
WILL BE INVESTED IN BUSINESS, USED TO SUPPORT THE COMPANY’S FTTP
BUILD PLAN
Source text for Eikon: ID:nBw9fKtyPa
Further company coverage: CNSL.O
((Reuters.Briefs@thomsonreuters.com;))
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