Brief: Consolidated Communications To Be Acquired By Searchlight Capital Partners And British Columbia Investment Management Corp

Consolidated Communications Holdings

16/10/2023 13:11

Oct 16 (Reuters) - Consolidated Communications Holdings
Inc  CNSL.O :
    * CONSOLIDATED COMMUNICATIONS ANNOUNCES AGREEMENT TO BE
ACQUIRED
BY SEARCHLIGHT CAPITAL PARTNERS AND BRITISH COLUMBIA INVESTMENT
MANAGEMENT CORPORATION
    * CONSOLIDATED COMMUNICATIONS HOLDINGS INC: SHAREHOLDERS TO
RECEIVE $4.70 PER SHARE IN CASH
    * CONSOLIDATED COMMUNICATIONS HOLDINGS INC: PROPOSED DEAL
FOR
ENTERPRISE VALUE OF APPROXIMATELY $3.1 BILLION, INCLUDING
ASSUMPTION OF DEBT
    * CONSOLIDATED COMMUNICATIONS HOLDINGS INC - DEAL FOR AN
ENTERPRISE VALUE OF APPROXIMATELY $3.1 BILLION, INCLUDING
ASSUMPTION OF DEBT
    * CONSOLIDATED COMMUNICATIONS HOLDINGS INC - BOARD OF
DIRECTORS OF
COMPANY, HAS APPROVED PROPOSED DEAL ON UNANIMOUS RECOMMENDATION
OF SPECIAL COMMITTEE
    * CONSOLIDATED COMMUNICATIONS- PROPOSED DEAL WILL RESULT IN
CONSOLIDATED COMMUNICATIONS BECOMING A PRIVATE CO, EXPECTED TO
CLOSE BY Q1 OF 2025

Source text for Eikon:  ID:nBw6cJtrfa 
Further company coverage:  CNSL.O 

 ((Reuters.Briefs@thomsonreuters.com;))