Tuesday, March 30, 2021

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


  • Industry Announcement

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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.

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