Consolidated Communications Investor Challenges $1.5B Deal
By Rick Archer ( March 3, 2017, 7:58 PM EST) -- A Consolidated Communications Holdings Inc. shareholder on Friday told the Delaware Chancery Court that the company's board of directors failed to tell shareholders how much the financial advisor in its $1.5 billion acquisition of FairPoint Communications Inc. stands to gain if the deal goes through, leaving shareholders unable to fully evaluate the advice....
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