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Stock impact report

Consolidated Communications Shareholders Approve Proposed Transaction with Searchlight and BCI [Yahoo! Finance]

Consolidated Communications Holdings, Inc. (CNSL) 
Last consolidated communications holdings, inc. earnings: 8/1 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.consolidated.com
Company Research Source: Yahoo! Finance
10 fiber provider in the U.S., today announced that, based on the preliminary vote count provided by its proxy solicitor following the Company's special meeting of shareholders (the "Special Meeting") held earlier today, Consolidated shareholders have voted overwhelmingly to approve the proposed acquisition of the Company by affiliates of Searchlight Capital Partners, L.P. ("Searchlight") and British Columbia Investment Management Corporation ("BCI") (the "Proposed Transaction"). Approximately 75% of disinterested shareholders voted to approve the proposal to adopt the merger agreement and approve the Proposed Transaction. Consolidated will file final, certified voting results on a Form 8-K with the U.S. Securities and Exchange Commission as soon as practicable. "Today's vote by Consolidated shareholders is a clear endorsement that they recognize the value-maximizing nature of this transaction," said Robert J. Currey, the Chairman of the Consolidated Communications Board and the Spe Show less Read more
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