Tuesday, March 30, 2021

Equity Corporate Actions Alert #2021 - 51
(Merger effective) Information Regarding the Merger of Otelco Inc. (OTEL)

Category:

  • Industry Announcement

Markets Impacted:

Contact Information:

Resources

At a special meeting held on October 9, 2020, the shareholders of Otelco Inc. (OTEL) approved a merger with affiliates formed by Oak Hill Capital. The merger became effective today, March 31, 2021. The suspension details are as follows:

Company/Issue: Otelco Inc. Class A Common Stock
CUSIP#: 688823301
Symbol: OTEL
Last Trading Date: March 31, 2021
Marketplace Effective Date for Suspension: April 1, 2021
Merger Consideration: $11.75 for each share held.


Email Alert Subscriptions:
Nasdaq offers customers the ability to self select news delivery across various Nasdaq markets. Create and maintain a profile for updating alert preferences and contact information. Visit the enrollment form on the Nasdaq Trader website and sign up today! Please note that if you choose to unsubscribe from an email list, you may no longer receive potentially critical emails from the NASDAQ Stock Market regarding Nasdaq's trading and data products, regulatory issues or marketplace initiatives.

Please follow Nasdaq on Facebook RSS and Twitter.

Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $13 trillion. To learn more, visit: business.nasdaq.com.