Monday, July 2, 2007

Consolidated to buy North Pittsburgh for about $375 mln

(Reuters) - July 2 - Rural telephone services provider Consolidated Communications Holdings Inc. said it agreed to acquire North Pittsburgh Systems Inc. for about $375 million in cash and stock.



The $25 a share offer represents an 18 percent premium over North Pittsburgh's closing share price on June 29.


Read more at Reuters.com Mergers News

No comments: