Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / news releases / CBB - Why Cincinnati Bell Stock Just Popped 35%


CBB - Why Cincinnati Bell Stock Just Popped 35%

Shares of Cincinnati Bell (NYSE: CBB) jumped this morning, racing ahead to a 34.8% gain as of 10:15 a.m. EST, after Brookfield Infrastructure Partners (NYSE: BIP) announced it will acquire the telecommunications provider in a transaction valued at $2.6 billion.  

Brookfield says it plans to pay $10.50 per share to Cincinnati Bell shareholders, and the stock is now trading within just a few pennies of that takeout price.

Image source: Getty Images.

Continue reading

Stock Information

Company Name: Cincinnati Bell Inc.
Stock Symbol: CBB
Market: NYSE
Website: cincinnatibell.com

Menu

CBB CBB Quote CBB Short CBB News CBB Articles CBB Message Board
Get CBB Alerts

News, Short Squeeze, Breakout and More Instantly...