0
General

Alaska Communications bids farewell to Macquarie Capital, accepts higher bid from ATN

Monday 4 January 2021 | 14:55 CET | News
Alaska Communications has ended its takeover deal with Macquarie Capital and GCM Grosvenor and accepted the higher USD 332 million cash offer from ATN International and Freedom 3 Capital. After completion sometime in the second half of this year, Alaska Communications will become a consolidated, majority owned unit of ATN.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: General
Companies: Alaska Communications
Countries: United States
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Alaska Communications provides subsea fibre for earthquake monitoring

Published 18 Aug 2021 10:45 CET | United States
Alaska Communications is collaborating with the University of Michigan's Department of Earth and Environmental Sciences to allow ...

Alaska Communications to distribute OneWeb LEO services

Published 14 Jun 2021 10:52 CET | United States
Alaska Communications entered a Distribution Partner Agreement with OneWeb, the global satellite communications network, to ...

Alaska Communications shareholders approve acquisition by ATN

Published 15 Mar 2021 15:14 CET | United States
Alaska Communications said that its shareholders have voted in favour of its acquisition by ATN for USD 332 million. The merger, ...

Alaska Communications adopts Facebook Terragraph technology for gigabit broadband launch

Published 25 Feb 2021 10:16 CET | United States
Alaska Communications launched Xtreme Internet, a plan offering up to 1 Gbps speeds to selected residential locations. Xtreme ...

Alaska Communications accepts stronger bid from Macquarie Capital, GCM Grosvenor

Published 22 Dec 2020 14:23 CET | United States
Alaska Communications has amended its merger agreement with Macquarie Capital and GCM Grosvenor, which will now acquire the ...

OneWeb confirms successful launch of 36 new satellites

Published 21 Dec 2020 11:19 CET | World
Satellite communications company OneWeb has confirmed the successful launch of 36 satellites from a Soyuz launch vehicle on 18 ...

Alaska Communications gets higher takeover bid

Published 16 Dec 2020 08:58 CET | United States
Alaska Communications has notified Macquarie and GCM of its board's determination that the new bid constitutes a "superior ...

Alaska Communications buyers agree higher takeover price after outside offer

Published 10 Dec 2020 15:48 CET | United States
The buyers will now pay USD 3.20 per share in cash, from USD 3.00 per share, a premium of 68 percent over Alaska Communications' ...

Alaska Communications to go private in USD 300 mln takeover

Published 03 Nov 2020 13:20 CET | United States
Alaska Communications has agreed a takeover by Macquarie Capital and GCM Grosvenor for USD 300 million including debt. The ...