Consolidated Communications Holdings, Inc. (CNSL) News
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CNSL News Highlights
- CNSL's 30 day story count now stands at 2.
- Over the past 9 days, the trend for CNSL's stories per day has been choppy and unclear. It has oscillated between 1 and 1.
- The most mentioned tickers in articles about CNSL are SE, SP and TOP.
Latest CNSL News From Around the Web
Below are the latest news stories about CONSOLIDATED COMMUNICATIONS HOLDINGS INC that investors may wish to consider to help them evaluate CNSL as an investment opportunity.
Consolidated Communications Reiterates Proposed Transaction is the Best Outcome for ShareholdersMATTOON, Ill., December 27, 2023--Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) (the "Company" or "Consolidated"), has mailed a letter to its shareholders in connection with its upcoming special meeting of shareholders (the "Special Meeting") urging its shareholders to vote "FOR" the proposed acquisition of the Company by affiliates of Searchlight Capital Partners, L.P. ("Searchlight") and British Columbia Investment Management Corporation ("BCI") (the "Proposed Transaction"). The Sp |
Consolidated Communications Files Letter to Shareholders Highlighting Benefits of Proposed Transaction with Searchlight and BCIMATTOON, Ill., December 18, 2023--Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) (the "Company" or "Consolidated"), a top 10 fiber provider in the U.S., today announced that it has filed its definitive proxy statement. The Company has also filed a letter to shareholders in connection with its upcoming special meeting of shareholders (the "Special Meeting") urging shareholders to vote "FOR" the proposed acquisition of the Company by affiliates of Searchlight Capital Partners, L.P. ("Se |
Disconnect Now: 3 Telecom Companies to Sell Before It’s Too LateFinancial performance is critical to see if a stock is worth keeping. |
Consolidated Communications Holdings Inc (CNSL) Reports Net Loss in Q3 2023Company's operating expenses increase due to business simplification and cost savings initiatives |
Consolidated Communications Announces Third Quarter Financial ResultsMATTOON, Ill., November 07, 2023--Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) (the "Company" or "Consolidated"), a top 10 fiber provider in the U.S., today reported results for the third quarter of 2023. |
Wildcat Capital Management Sends Letter to Consolidated Communications' Board of Directors Opposing Take Private Transaction at $4.70 Per ShareWildcat Capital Management, LLC (together with its affiliates, "Wildcat"), which beneficially owns approximately three million shares of Consolidated Communications Holdings, Inc. ("CNSL" or the "Company") (NASDAQ:CNSL), today issued an open letter to CNSL's Board of Directors opposing the Company's proposed transaction with affiliates of Searchlight Capital Partners, L.P. and British Columbia Investment Management Corporation, announced on October 16, 2023. |
Consolidated Communications shareholder Wildcat opposes $3.1 billion take-private dealWildcat Capital Management, a top shareholder in Consolidated Communications Holdings, said on Friday it plans to vote against its $3.1 billion takeover by an investor consortium, as it undervalues the broadband services provider. Wildcat, which owns about 3 million shares and is the fifth-largest shareholder in Consolidated Communications, said in a letter to the Mattoon, Illinois-based company's board that it believes a value of at least $4 billion, including debt, would be meritied. "Wildcat continues to believe in the strategic value of the assets assembled by CNSL and the Company's strong potential as a standalone entity, and called for CNSL to terminate the agreement if a higher price cannot be negotiated," Tom McConnon, head of Wildcat's public equities arm, wrote in the letter... |
Consolidated Communications shareholder Wildcat opposes $3.1 bln take-private dealWildcat Capital Management, a top shareholder in Consolidated Communications Holdings , said on Friday it plans to vote against its $3.1 billion takeover by an investor consortium, as it undervalues the broadband services provider. Wildcat, which owns about 3 million shares and is the fifth-largest shareholder in Consolidated Communications, said in a letter to the Mattoon, Illinois-based company's board that it believes a value of at least $4 billion, including debt, would be meritied. "Wildcat continues to believe in the strategic value of the assets assembled by CNSL and the Company's strong potential as a standalone entity, and called for CNSL to terminate the agreement if a higher price cannot be negotiated," Tom McConnon, head of Wildcat's public equities arm, wrote in the lette... |
Why Consolidated Communications Stock Jumped TodayShares of Consolidated Communications (NASDAQ: CNSL) were up 15% as of 12:10 a.m. ET on Monday after the company agreed to be taken private in an all-cash transaction valued at $4.70 per share. The stock rose sharply this year after Searchlight Capital Partners and British Columbia Management Corporation initially sent Consolidated a buyout proposal in April. Searchlight already held about 34% of the company's stock, but the full ownership of the business will provide a financial cushion to help Consolidated complete its fiber build-out plan, which has yielded good results so far. |
Consolidated Communications Announces Agreement to be Acquired by Searchlight Capital Partners and British Columbia Investment Management CorporationMATTOON, Ill., October 16, 2023--Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) ("Consolidated Communications" or the "Company"), a top 10 fiber provider in the United States, today announced that it has entered into a definitive agreement (the "Agreement") to be acquired by affiliates of Searchlight Capital Partners, L.P. ("Searchlight") and British Columbia Investment Management Corporation ("BCI") in an all-cash transaction with an enterprise value of approximately $3.1 billion, in |