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ALSK - Alaska Communications offered superior takeover proposal of $3.40/share
Alaska Communications Systems Group Inc.
Alaska Communications (ALSK) received an acquisition proposal from a third party at $3.40/share (prior $3.25/share), which the board determines to be "Superior Proposal".Under the offer terms, the Superior Proposal Bidder would acquire indicating a transaction valued at ~$332M including net debt.Macquarie and GCM have the right to negotiate an amendment of the Macquarie/GCM merger agreement for a period of four business days beginning Dec. 24.