M&A
confidence high
sentiment neutral
materiality 0.75
Consolidated Communications Holdings, Inc.: M&A transaction — Consolidated Communications completes going-private merger with Searchlight at $4.70/share
Consolidated Communications Holdings, Inc.
- Merger completed Dec 27, 2024; each CNSL share converted into $4.70 cash per share.
- Common stock delisted from Nasdaq; Form 25 filed; intends to terminate SEC reporting.
- All board members resigned; directors of Merger Sub became directors of surviving corporation.
- Company became wholly owned subsidiary of Searchlight Capital Partners affiliate.