secwatch.observer — SEC 8-K summary
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Issuer:     ATN International, Inc. (ATNI)
CIK:        0000879585
Form:       8-K
Filed at:   2021-07-22T23:59:59+00:00
Accession:  0001104659-21-094942
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 2.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ATN International completes acquisition of Alaska Communications for $3.40/share, $343M EV
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- Acquired Alaska Communications for $3.40/share cash; enterprise value of ~$343M including net debt.
- ATN consolidates Alaska Communications into its US Telecom segment effective immediately.
- ATN holds ~51.6% economic and ~54.6% voting interest in ALSK Holdings, the acquiring entity.
- Funded via $73M draw on ATN's revolving credit facility and a $210M term loan at the acquired subsidiary.
- ALSK Holdings board: 3 managers from ATN, 2 from Freedom 3; ATN exercises voting control.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/879585/000110465921094942/0001104659-21-094942-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/879585/000110465921094942/tm2122780d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-094942

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer