2 months ago - businesswire.com

MATTOON, Ill.--(BUSINESS WIRE)--Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) (the “Company” or “Consolidated”) announced that it has completed the sale of its Washington assets, effective May 1, 2024, to Palisade Infrastructure. The divestiture aligns with the Company's ongoing strategic asset review and focus on its fiber expansion plans in core broadband regions. Consolidated's Washington operations include approximately 9,950 data connections and 8,500 access lines, and contribu.

2 months ago - businesswire.com

MATTOON, Ill.--(BUSINESS WIRE)--Consolidated Communications (NASDAQ: CNSL), a leading fiber provider, today published its 2023 Environmental, Social and Governance (ESG) Report. The report details Consolidated's ongoing efforts to enhance sustainable and responsible business and operational practices throughout 2023. “We are building a more sustainable business that continues to enrich the communities we serve through ongoing fiber expansion, community investments and continuing to run an ethic.

2 months ago - businesswire.com

MATTOON, Ill.--(BUSINESS WIRE)--Consolidated Communications (Nasdaq: CNSL) (the “Company”) will release its first quarter 2024 financial results on Tuesday, May 7 before the market opens. In light of the pending acquisition of the Company by affiliates of Searchlight Capital Partners, L.P. and British Columbia Investment Management Corporation, Consolidated will not host an earnings conference call. The Company's first quarter 2024 earnings press release will be available on its investor relati.

4 months ago - businesswire.com

MATTOON, Ill.--(BUSINESS WIRE)--Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) (the “Company” or “Consolidated”), a top 10 fiber provider in the U.S., today reported results for the fourth quarter and full year 2023. Fourth Quarter 2023 Results Revenue totaled $275.2 million Overall consumer revenue was $113.9 million Consumer fiber revenue was $37.9 million Total consumer broadband net adds were 6,998 Consumer broadband revenue was $76.5 million Commercial data services revenue was.

4 months ago - businesswire.com

MATTOON, Ill.--(BUSINESS WIRE)--Consolidated Communications (NASDAQ: CNSL), a leading broadband and business communications provider, has received the coveted designation of Gallagher's Best-in-Class Employer for the third straight year. Gallagher's annual survey identifies organizations that excel in implementing successful strategies for managing people and programs. Consolidated was recognized for its comprehensive framework for strategically investing in benefits, compensation and employee.

4 months ago - businesswire.com

MATTOON, Ill.--(BUSINESS WIRE)--Consolidated Communications (Nasdaq: CNSL) (the “Company”) will release its fourth quarter 2023 financial results on Tuesday, March 5 before the market opens. In light of the pending acquisition of the Company by affiliates of Searchlight Capital Partners, L.P. and British Columbia Investment Management Corporation, Consolidated will not host an earnings conference call. The Company's fourth quarter 2023 earnings press release will be available on its investor re.

5 months ago - businesswire.com

MATTOON, Ill.--(BUSINESS WIRE)--Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) (the “Company” or “Consolidated”), a top 10 fiber provider in the U.S., today announced that, based on the preliminary vote count provided by its proxy solicitor following the Company's special meeting of shareholders (the “Special Meeting”) held earlier today, Consolidated shareholders have voted overwhelmingly to approve the proposed acquisition of the Company by affiliates of Searchlight Capital Partner.

5 months ago - businesswire.com

MATTOON, Ill.--(BUSINESS WIRE)--Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) (the “Company” or “Consolidated”), has mailed a letter to its shareholders in connection with its upcoming special meeting of shareholders (the “Special Meeting”) urging shareholders to vote “FOR” the proposed acquisition of the Company by affiliates of Searchlight Capital Partners, L.P. (“Searchlight”) and British Columbia Investment Management Corporation (“BCI”) (the “Proposed Transaction”). The Special.

5 months ago - businesswire.com

MATTOON, Ill.--(BUSINESS WIRE)--Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) (the “Company” or “Consolidated”), a top 10 fiber provider in the U.S., today announced that a leading independent proxy advisory firm, Institutional Shareholder Services (“ISS”), has recommended that Consolidated shareholders vote “FOR” the proposed acquisition of the Company by affiliates of Searchlight Capital Partners, L.P. (“Searchlight”) and British Columbia Investment Management Corporation (“BCI”).

5 months ago - businesswire.com

MATTOON, Ill.--(BUSINESS WIRE)--Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) (the “Company” or “Consolidated”), filed an investor presentation with the U.S. Securities and Exchange Commission (“SEC”) on January 10, 2024 in connection with the Company's upcoming special meeting of shareholders (the “Special Meeting”) on January 31, 2024. The presentation is available on the Company's investor relations website at https://ir.consolidated.com/. The Company urges its shareholders to vo.

6 months ago - businesswire.com

MATTOON, Ill.--(BUSINESS WIRE)--Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) (the “Company” or “Consolidated”), has mailed a letter to its shareholders in connection with its upcoming special meeting of shareholders (the “Special Meeting”). Consolidated is reminding shareholders to vote “FOR” the proposed acquisition of the Company by affiliates of Searchlight Capital Partners, L.P. (“Searchlight”) and British Columbia Investment Management Corporation (“BCI”) (the “Proposed Transa.

6 months ago - businesswire.com

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Consolidated Communications Holdings, Inc. (NasdaqGS: CNSL) to affiliates of Searchlight Capital Partners, L.P. and British Columbia Investment Management Corporation. Under the terms of the proposed transaction, shareholders of Consolidated will receive $4.70 in cash for each share of Consolidated that they o.

6 months ago - businesswire.com

MATTOON, Ill.--(BUSINESS WIRE)--Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) (the “Company” or “Consolidated”), has mailed a letter to its shareholders in connection with its upcoming special meeting of shareholders (the “Special Meeting”) urging its shareholders to vote “FOR” the proposed acquisition of the Company by affiliates of Searchlight Capital Partners, L.P. (“Searchlight”) and British Columbia Investment Management Corporation (“BCI”) (the “Proposed Transaction”). The Spe.

6 months ago - prnewswire.com

NEW YORK , Dec. 19, 2023 /PRNewswire/ -- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who hold stock of Consolidated Communications Holdings, Inc. ("CNSL" or the "Company") (NASDAQ: CNSL). You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of CNSL to affiliates of Searchlight Capital Partners, L.P.

6 months ago - businesswire.com

MATTOON, Ill.--(BUSINESS WIRE)--Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) (the “Company” or “Consolidated”), a top 10 fiber provider in the U.S., today announced that it has filed its definitive proxy statement. The Company has also filed a letter to shareholders in connection with its upcoming special meeting of shareholders (the “Special Meeting”) urging shareholders to vote “FOR” the proposed acquisition of the Company by affiliates of Searchlight Capital Partners, L.P. (“Sea.

6 months ago - reuters.com

Consolidated Communications investor Charles Frischer said on Monday he plans to vote against the broadband services provider's $3.1 billion take-private deal with an investor consortium, becoming the latest shareholder to oppose the sale.

7 months ago - prnewswire.com

NEW YORK , Nov. 24, 2023 /PRNewswire/ -- Julie & Holleman LLP, a nationally recognized shareholder rights law firm, is investigating the proposed $4.70 per share sale of Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) to its largest shareholder, private equity firm Searchlight Capital. The firm has already identified potential conflicts of interest, and recent SEC filings suggest the deal price is grossly unfair.

8 months ago - prnewswire.com

NEW YORK , Nov. 8, 2023 /PRNewswire/ -- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who hold stock of Consolidated Communications Holdings, Inc. ("CNSL" or the "Company") (NASDAQ: CNSL). You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of CNSL to affiliates of Searchlight Capital Partners, L.P.

8 months ago - prnewswire.com

Wildcat Urges Stockholders to Vote AGAINST Proposed Transaction Which it Believes Greatly Undervalues Consolidated Communications Wildcat Continues to Support Company's Strategy to Generate Significant Returns as a Standalone Public Entity NEW YORK , Nov. 3, 2023 /PRNewswire/ -- Wildcat Capital Management, LLC (together with its affiliates, "Wildcat"), which beneficially owns approximately three million shares of Consolidated Communications Holdings, Inc. ("CNSL" or the "Company") (NASDAQ:CNSL), today issued an open letter to CNSL's Board of Directors opposing the Company's proposed transaction with affiliates of Searchlight Capital Partners, L.P. and British Columbia Investment Management Corporation, announced on October 16, 2023.

8 months ago - reuters.com

Wildcat Capital Management, a top shareholder in Consolidated Communications Holdings , said on Friday it plans to vote against its $3.1 billion takeover by an investor consortium, as it undervalues the broadband services provider.

8 months ago - prnewswire.com

NEW YORK , Oct. 30, 2023 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: EngageSmart, Inc. (NYSE: ESMT)'s  sale to an affiliate of Vista Equity Partners for $23.00 per share in cash. If you are an EngageSmart shareholder, click here to learn more about your rights and options.

8 months ago - accesswire.com

LOS ANGELES, CA / ACCESSWIRE / October 30, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Consolidated Communications Holdings, Inc. ("Consolidated Communications" or "the Company") (NASDAQ:CNSL) for potential breaches of fiduciary duty on the part of its directors and management. The investigation focuses on determining if the Consolidated Communications board breached its fiduciary duties to shareholders.

8 months ago - accesswire.com

LOS ANGELES, CA / ACCESSWIRE / October 27, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Consolidated Communications Holdings, Inc. ("Consolidated Communications" or "the Company") (NASDAQ:CNSL) for potential breaches of fiduciary duty on the part of its directors and management. The investigation focuses on determining if the Consolidated Communications board breached its fiduciary duties to shareholders.

8 months ago - prnewswire.com

NEW YORK , Oct. 26, 2023 /PRNewswire/ -- Julie & Holleman LLP, a nationally recognized shareholder rights law firm, is investigating the proposed $4.70 per share sale of Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) to affiliates of Searchlight Capital and British Columbia Investment Management Corporation. The firm has already uncovered potential conflicts of interest and believes the deal price may be unfair to Consolidated's minority shareholders.

8 months ago - prnewswire.com

NEW YORK , Oct. 23, 2023 /PRNewswire/ -- Julie & Holleman LLP, a nationally recognized shareholder rights law firm, is investigating the proposed $4.70 per share acquisition of Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) by the company's largest shareholder, private equity firm Searchlight Capital. The firm is concerned about the price being offered as well as potential conflicts of interest.