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home / articles / CNSL - Consolidated Communications (CNSL) News: Johnson Fistel Investigates Proposed Sale; Is $4.70 a Fair Price? | Benzinga

CNSL - Consolidated Communications (CNSL) News: Johnson Fistel Investigates Proposed Sale; Is $4.70 a Fair Price? | Benzinga

Consolidated Communications Holdings Inc.

  • SAN DIEGO, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Consolidated Communications (NASDAQ:CNSL) breached their fiduciary duties in connection with the proposed sale of the Company to affiliates of Searchlight Capital Partners and British Columbia Investment Management.

    On October 16, 2023, Consolidated Communications announced that it had entered a deal with Searchlight Capital Partners and British Columbia Investment Management. Under the terms of this agreement, shareholders will receive $4.70 per share in an all-cash ...

    CNSL) News: Johnson Fistel Investigates Proposed Sale; Is $4.70 a Fair Price?>Full story available on Benzinga.com

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    Stock Information
    Company Name: Consolidated Communications Holdings Inc.
    Stock Symbol: CNSL
    Market: NASDAQ
    Website: consolidated.com
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