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Broadband

Searchlight Capital to acquire significant stake in Integra

Tuesday 11 December 2012 | 10:17 CET | News
US operator Integra Telecom has announced that investment funds affiliated with Searchlight Capital Partners have acquired a significant equity stake in the company. Searchlight has agreed to acquire all of the equity interests in Integra held by Goldman Sachs, Integra's largest shareholder. Completion of the transaction is subject to satisfaction of customary closing conditions and is expected to close in the fourth quarter. No financial details were disclosed.

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Categories: Fixed
Companies: Integra Telecom
Countries: United States
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