CNSL - CNSL STOCK ALERT: Halper Sadeh LLC Is Investigating Whether the Sale of Consolidated Communications Holdings Inc. Is Fair to Shareholders

NEW YORK, NY / ACCESSWIRE / October 18, 2023 / Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) to affiliates of Searchlight Capital Partners, L.P. and British Columbia Investment Management Corporation ("BCI") for $4.70 per share in cash is fair to Consolidated Communications shareholders.

Halper Sadeh encourages Consolidated Communications shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

The investigation concerns whether Consolidated Communications and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Consolidated Communications shareholders; (2) determine whether Searchlight and BCI are underpaying for Consolidated Communications; and (3) disclose all material information necessary for Consolidated Communications shareholders to adequately assess and value the merger consideration. On behalf of Consolidated Communications shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.

Halper Sadeh encourages Consolidated Communications shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Halper Sadeh LLC
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com
https://www.halpersadeh.com

SOURCE: Halper Sadeh LLC