Wednesday, June 20, 2018

Equity Corporate Actions Alert #2018 - 110
(UPDATED) Information Regarding the Merger of Hawaiian Telcom Holdco, Inc. (HCOM)

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  • Industry Announcement

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At a special meeting held on November 7, 2017, the shareholders of Hawaiian Telcom Holdco, Inc. (HCOM) approved a merger with Cincinnati Bell Inc. (NYSE: CBB). The closing date is today, July 2, 2018. The details are as follows:

Company: Hawaiian Telcom Holdco, Inc.
Issue: Common Stock
CUSIP#: 420031106
Symbol: HCOM
Marketplace Effective Date for Suspension: July 3, 2018
Merger Consideration: Election of either: (i) $30.75 in cash; (ii) 1.6305 shs CBB; or (iii) a combination of $18.45 in cash and 0.6522 shares of Cincinnati Bell for each share held; Subject to pro-ration.

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