Consolidated Agrees to Buy SureWest for $341 Million

摘要

Consolidated Communications agreed to buy SureWest for $341 million in cash and nstock. The deal would bring the acquirer SureWest's 130,000 residential subscribers and n15,700 commercial businesses in the Sacramento and Kansas City areas. The combined ncompanies would have about 1,775 employees. The move came less than two weeks after nan analyst said Google might buy SureWest to beef up its fiber efforts. Consolidated will pay n$23 per SureWest share, or an equal amount of Consolidated common stock.