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Thursday, June 29, 2017

Equity Trader Alert #2017 - 145
(UPDATED) Information Regarding the Merger of FairPoint Communications, Inc. (FRP) and Consolidated Communications Holdings, Inc. (CNSL)

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  • Industry Announcement

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Consolidated Communications Holdings, Inc. (CNSL) has received regulatory approval for its acquisition of FairPoint Communications, Inc. (FRP). The merger had received shareholder approval on March 28, 2017. The merger of FairPoint Communications, Inc. with and into Consolidated Communications Holdings, Inc. has become effective today, July 3, 2017.

The details are as follows:

Company: FairPoint Communications, Inc.
Issue: Common Stock
CUSIP#: 305560302
Symbol: FRP
Merger Consideration: 0.73 shares of Consolidated Communications Holdings, Inc. (CNSL) per share held.
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