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Searchlight to invest USD 425 mln into Consolidated Communications

2020-09-14 14:14:00| Telecompaper Headlines

(Telecompaper) Investment firm Searchlight Capital Partners has agreed to hoist its stake in Consolidated Communications to 35 percent for a total of USD 425 million. The deal has been approved by the board of directors of Consolidated, which will use the money to accelerate fibre deployment and to reduce debt.

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Category:Telecommunications

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