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Consolidated Communications Holdings Inc (CNSL.O)

CNSL.O on Nasdaq

18.97USD
22 Sep 2017
Change (% chg)

$0.37 (+1.99%)
Prev Close
$18.60
Open
$18.58
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$19.01
Day's Low
$18.52
Volume
426,024
Avg. Vol
659,718
52-wk High
$30.23
52-wk Low
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Latest Key Developments (Source: Significant Developments)

Consolidated Communications Q2 adjusted EPS $0.16
Thursday, 3 Aug 2017 08:00am EDT 

Aug 3 (Reuters) - Consolidated Communications Holdings Inc :Consolidated Communications reports second quarter 2017 results.Q2 adjusted earnings per share $0.16.Q2 revenue $170 million versus I/B/E/S view $169.8 million.Q2 GAAP loss per share $0.06.Q2 earnings per share view $0.10 -- Thomson Reuters I/B/E/S.Consolidated Communications Holdings Inc sees 2017 capital expenditures on pro forma basis $230 million to $235 million.  Full Article

Consolidated Communications secures all regulatory approvals for FairPoint merger
Wednesday, 28 Jun 2017 04:52pm EDT 

June 28 (Reuters) - Consolidated Communications Holdings Inc ::Consolidated Communications secures all regulatory approvals for FairPoint merger.Consolidated Communications Holdings Inc - company expects to close FairPoint merger transaction on July 3.  Full Article

Consolidated communications reports first quarter 2017 results
Thursday, 4 May 2017 08:00am EDT 

May 4 (Reuters) - Consolidated Communications Holdings Inc : :Consolidated communications reports first quarter 2017 results.Q1 adjusted earnings per share $0.11.Q1 revenue $169.9 million versus I/B/E/S view $171.2 million.Q1 earnings per share view $0.10 -- Thomson Reuters I/B/E/S.Consolidated communications holdings inc sees 2017 capital expenditures $115 million to $120 million.Qtrly loss per share $0.07.  Full Article

FairPoint says about 96 pct of shareholders approve merger with Consolidated Communications
Tuesday, 28 Mar 2017 02:00pm EDT 

FairPoint Communications Inc : FairPoint Communications and Consolidated shareholders overwhelmingly approve merger . Says expect transaction to close by mid-2017 .Approximately 96 percent of Fairpoint shareholders who voted on proposal cast their vote in favor of merger.  Full Article

Consolidated Communications and FairPoint shareholders approve merger
Tuesday, 28 Mar 2017 02:00pm EDT 

Consolidated Communications Holdings Inc : Consolidated communications and fairpoint shareholders overwhelmingly approve merger .Consolidated communications -approximately 98 percent of consolidated communications shareholders who voted on proposal cast their vote in favor of merger.  Full Article

Consolidated Communications Q4 adjusted earnings per share $0.11
Thursday, 23 Feb 2017 08:00am EST 

Consolidated Communications Holdings Inc : Consolidated communications reports fourth quarter 2016 results . Q4 adjusted earnings per share $0.11 . Q4 revenue $175.9 million versus I/B/E/S view $183.2 million . Q4 earnings per share view $0.17 -- Thomson Reuters I/B/E/S . Consolidated communications holdings inc - sees FY capital expenditures between $115 million to $120 million .Consolidated communications holdings inc - sees FY cash interest expense between $70 million to $72.0 million.  Full Article

Consolidated Communications says restated credit agreement dated as of Oct. 5
Thursday, 22 Dec 2016 06:05am EST 

Consolidated Communications Holdings Inc : Consolidated communications - pursuant to amendment no. 2 lenders has agreed to provide an incremental term loan of up to $935 million under agreement . Consolidated communications holdings inc says maturity date of incremental term loan is october 5, 2023 . Consolidated communications - entered into an amendment no. 2 to co's third amended and restated credit agreement, dated as of october 5, 2016 .Consolidated communications -proceeds of incremental term loan may be used to repay,redeem certain existing indebtedness of fairpoint communications.  Full Article

Consolidated Communications secures commitments for acquisition debt financing
Wednesday, 21 Dec 2016 06:00pm EST 

Consolidated Communications Holdings Inc : Consolidated Communications Holdings Inc- secured a new incremental term loan facility for its pending acquisition of Fairpoint Communications Inc . Consolidated Communications - incremental term loan facility provides that co may incur in single draw aggregate principal amount of up to $935 million . Consolidated Communications Holdings Inc - new facility has an interest rate of libor plus 3.00 percent and greater of a 1.00 percent libor floor .Consolidated Communications secures commitments for acquisition debt financing.  Full Article

Consolidated Communications to acquire Fairpoint Communications for $1.5 bln
Monday, 5 Dec 2016 07:00am EST 

Consolidated Communications Holdings Inc : Consolidated Communications to acquire Fairpoint Communications, Inc. . Consolidated Communications Holdings Inc - deal for $1.5 billion . Consolidated Communications Holdings Inc- agreement and proposed merger have been unanimously approved by boards of directors at both companies . Deal meaningfully cash flow per share accretive in year one . Consolidated Communications Holdings - Fairpoint shareholders will receive a fixed exchange ratio of 0.7300 shares of co for each share of Fairpoint .Consolidated Communications Holdings Inc - transaction is expected to generate annual operating synergies of approximately $55 million.  Full Article

Consolidated Communications completes divestiture of Heartland Telecommunications
Thursday, 1 Sep 2016 04:00pm EDT 

Consolidated Communications Holdings Inc : Consolidated Communications completes divestiture of its Iowa-based heartland telecommunications company .Sale was an all-cash transaction valued at approximately $20.9 million.  Full Article