Brief: Consolidated Communications: Receipt Of “Take Private” Proposal From Searchlight Capital And British Columbia Investment Management

Consolidated Communications Holdings

13/04/2023 23:06

April 13 (Reuters) - Consolidated Communications
Holdings Inc  CNSL.O :
    * CONSOLIDATED COMMUNICATIONS ANNOUNCES RECEIPT OF “TAKE
PRIVATE”
PROPOSAL FROM SEARCHLIGHT CAPITAL AND BRITISH COLUMBIA
INVESTMENT MANAGEMENT
    * CONSOLIDATED COMMUNICATIONS- BOARD INTENDS TO ESTABLISH A
SPECIAL COMMITTEE CONSISTING OF INDEPENDENT DIRECTORS OF BOARD
TO REVIEW & CONSIDER PROPOSAL
    * CONSOLIDATED COMMUNICATIONS HOLDINGS INC - PROPOSED DEAL
FOR FOR
CASH CONSIDERATION OF $4.00 PER SHARE
    * CONSOLIDATED COMMUNICATIONS : SEARCHLIGHT OWNS 34.3% OF
CO'S
OUTSTANDING COMMON SHARES, BASED ON MOST RECENT SCHEDULE 13D
FILING DATED APRIL 12

Source text for Eikon:  ID:nBw2Ff434a 
Further company coverage:  CNSL.O