×
0 0 0 0 0 0 0 0
Stockreport

Consolidated Communications Completes Divestiture of Virginia Properties

Consolidated Comm Holdings, Inc (CNSL)  More Company Research Source: GlobeNewswire
Last consolidated comm holdings, inc earnings: 11/1 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.consolidated.com
PDF MATTOON, Ill., July 31, 2018 (GLOBE NEWSWIRE) -- Consolidated Communications Holdings, Inc. (NASDAQ: CNSL) (the “Company” or “Consolidated Communications”) announced today it has completed the sale of its Virginia properties, Peoples Mutual Telephone Company and Peoples Mutual Long Distance Company, to RiverStreet Management Services, LLC, dba RiverStreet Networks, a subsidiary of Wilkes Communications.  The divestiture allows the Company to continue to focus on its core regions and integration projects. The Company’s Virginia operations contributed approximately $6.3 million of revenue in fiscal 2017.  The sale was a cash transaction valued at approximately $21 million, subject to certain contractual adjustments.  The closing occurred on July 31st following receipt of all required regulatory approvals. Charlesmead Advisors, LLC, served as exclusive financial advisor to Consolidated Communications on the transaction. About Consolidated Communications  Consolidated Communication [Read more]

IMPACT SNAPSHOT EVENT TIME: CNSL
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

Don't Miss Out On The Next BIG Stock Move
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS
Opt-in for
CNSL alerts

from News Quantified
Opt-in for
CNSL alerts

from News Quantified