Welcome to our dedicated page for Consolidated Comm Hldgs news (Ticker: CNSL), a resource for investors and traders seeking the latest updates and insights on Consolidated Comm Hldgs stock.
Consolidated Communications Holdings Inc. (NASDAQ: CNSL) delivers essential broadband and business communication services through its 45,850-mile fiber-optic network across 23 U.S. states. This page provides authorized updates on corporate developments, financial disclosures, and technology initiatives critical for stakeholders.
Investors and industry professionals will find timely press releases covering earnings announcements, infrastructure investments, strategic partnerships, and regulatory compliance updates. Our curated collection ensures access to primary source materials without editorial commentary.
Key focus areas include network expansion projects, enterprise cloud solutions, and innovations in wireless backhaul technology. All content maintains strict neutrality while providing the factual basis for informed decision-making.
Bookmark this page for direct access to CNSL's official communications, including SEC filings and management commentary. Regular updates ensure you stay informed about this telecommunications provider's evolving market position.
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Consolidated Communications Holdings, Inc. reported its fourth-quarter and full-year 2023 results, showcasing revenue of $275.2 million and $1.11 billion, respectively. The company experienced a net loss of ($58.6 million) in Q4 2023 and ($294.4 million) for the full year. Despite a decrease in expenses, the net interest expense increased by $8.4 million due to higher interest on the term loan. Consolidated is set to be acquired by Searchlight and BCI in a $3.1 billion all-cash transaction, leading to the company becoming private by Q1 2025.
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Consolidated Communications (CNSL) receives Gallagher’s Best-in-Class Employer designation for the third consecutive year, showcasing excellence in employee and organizational wellbeing. The company's strategic investments in benefits, compensation, and employee communication have been recognized for supporting employee health, financial security, and career growth at a sustainable cost structure.
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Consolidated Communications (CNSL) to release Q4 2023 financial results without earnings conference call due to pending acquisition by Searchlight Capital Partners and British Columbia Investment Management Corporation.
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Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) announced the approval of its acquisition by affiliates of Searchlight Capital Partners, L.P. and British Columbia Investment Management Corporation. Approximately 75% of disinterested shareholders voted to approve the merger agreement and the Proposed Transaction. The acquisition is expected to close by the first quarter of 2025, and after that, shares of Consolidated Communications common stock will no longer be traded or listed on any public securities exchange.
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Consolidated Communications Holdings, Inc. urges shareholders to vote 'FOR' the proposed acquisition by affiliates of Searchlight Capital Partners and British Columbia Investment Management Corporation. The Proposed Transaction offers $4.70 per share in cash, a 70% premium to Consolidated's share price as of April 12, 2023, and an 89% premium to one-month VWAP. Institutional Shareholder Services recommends voting 'FOR' the Proposed Transaction, emphasizing the financially compelling and certain value it offers.
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Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) urges shareholders to vote 'FOR' the proposed acquisition by affiliates of Searchlight Capital Partners, L.P. and British Columbia Investment Management Corporation. The transaction offers a compelling valuation, with a 70% premium to the unaffected share price and a 9.6x LTM EBITDA multiple. The presentation emphasizes the elimination of liquidity, funding, and execution risks, as well as the downside risk of Consolidated's standalone plan due to liquidity constraints.
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Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) reminds shareholders to vote for the proposed acquisition by affiliates of Searchlight Capital Partners, L.P. and British Columbia Investment Management Corporation, offering $4.70 per share in cash. The Special Meeting is scheduled for January 31, 2024.
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Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) urges shareholders to vote 'FOR' the proposed acquisition by affiliates of Searchlight Capital Partners, L.P. and British Columbia Investment Management Corporation, offering $4.70 per share in cash, representing a 70% premium to the share price as of April 12, 2023.
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Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) has urged shareholders to vote FOR the proposed acquisition by affiliates of Searchlight Capital Partners, L.P. and British Columbia Investment Management Corporation. The Company emphasizes that the offer of $4.70 per share represents a significant cash premium and the best risk-adjusted outcome for shareholders, particularly in light of the significant risks associated with Consolidated’s prospects as a public company with limited access to capital. The Special Meeting is scheduled to be held on January 31, 2024, and shareholders of record as of December 13, 2023, will be entitled to vote at the meeting.
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Consolidated Communications Holdings, Inc. (NASDAQ: CNSL) is under investigation by Berman Tabacco for a take-private acquisition announced on October 16, 2023. The investigation is related to potential violations and breaches of fiduciary duty and other violations of state law by the Company's board of directors.
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Consolidated Comm Hldgs Inc
Nasdaq:CNSL
CNSL Rankings
CNSL Stock Data
559.17M
76.25M
2.35%
82.03%
3.73%
Telecom Services
Telephone Communications (no Radiotelephone)
United States
MATTOON