ALSK News and Press, Alaska Communications Systems Group Inc. From 03/22/21

Merger activity remained steady last week. Two of the largest deals of this year were announced last week. SPAC activity continues to grow at a steady pace. For further details see: Merger Arbitrage Mondays - Coherent Shareholders Delighted By Another Round Of Counteroff...

Alaska Communications (ALSK) shareholders have approved its acquisition by ATN International (ATNI). The holders approved a plan of merger between Alaska Communications and a newly formed entity made by ATN and its financial partner Freedom 3 Capital which will make Alaska Comms a consolidate...

BEVERLY, Mass., March 15, 2021 (GLOBE NEWSWIRE) -- ATN International, Inc. (NASDAQ: ATNI) (“ATN”) announced today that, based on preliminary voting results of a special meeting of stockholders of Alaska Communications Systems Group, Inc. (NASDAQ: ALSK) (“Alaska Communic...

Reported total revenue of $240.6 million, exceeding guidance and an increase of 3.8% year over year Delivered strong fourth quarter revenue, driven by 12.7% increase in business and wholesale revenue Met Adjusted EBITDA and Adjusted Free Cash Flow guidance In...

Alaska Communications Systems Group, Inc. (NASDAQ: ALSK) (“Alaska Communications” or the “Company”) announced that, based on the preliminary voting results from a special meeting of stockholders held on Friday, March 12, 2021, Alaska Communications’ st...

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Economic reports in the week ahead Investors will continue to evaluate the impact of the congressional vote on stimulus in the week ahead and the direction...

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Alaska Communications (NASDAQ: ALSK) is bringing its fastest ever speeds to Alaskans with the launch of Xtreme Internet℠. Beginning this spring, Alaska Communications will offer up to 1 Gig speeds to select residential locations. “We’re investing in our ...

In a year where access to internet connectivity became even more necessary, Alaska Communications (NASDAQ: ALSK) expanded broadband service by more than 3,700 locations in underserved areas of Alaska during 2020. This press release features multimedia. View the full release here...

ATN International and Freedom 3 Capital LLC have reached an agreement with Alaska Communications Systems Group Inc. management to buy the company for $3.40 per share. The deal value equates to 5.1 times the annual adjusted EBITDA or 5.6 times the annual net cash from operations. T...