- CINCINNATI (WXIX) – Cincinnati Bell Inc announced Wednesday that the company will begin doing business as “altafiber” in Ohio, Kentucky, and Indiana
- The new name comes as the company continues to expand its geographic reach and invest in its fiber network that delivers broadband connectivity
Simultaneously, Is Cincinnati Bell still in business? Cincinnati Bell on Tuesday announced the completion of its acquisition by Macquarie Infrastructure Partners, which will take the company private in a cash and debt deal valued at more than $29 billion
How much is Cincinnati Bell stock? 52-Week Key Points
• Sep 3, 2021
How much did Cincinnati Bell sell for?
Near the end of December, Toronto-based conglomerate Brookfield announced it was buying Cincinnati Bell for $26 billion
Truly, What is the stock symbol for Cincinnati Bell? Cincinnati Bell | CBB – Stock Price | Live Quote | Historical Chart
What will happen to Cincinnati Bell stock?
Going private means Cincinnati Bell will be delisted from the New York Stock Exchange Each of Cincinnati Bell’s issued and outstanding common shares — other than certain excluded shares — was converted into the right to receive $1550 per share in cash, without interest, a statement from the company reads
When did Cincinnati Bell go private? The transaction was initially announced in March of 2020 and was approved by the company’s shareholders on May 7, 2020 The completion of the transaction follows the receipt of all necessary regulatory approvals, company officials said
Who did CBTS acquire? Stephens Inc is serving as the exclusive financial adviser to CBTS, and Quarton International is serving as the exclusive financial adviser to SunTel Services The acquisition is not subject to regulatory approval and is expected to close in the next 30 days
What does Macquarie Infrastructure do?
Macquarie Infrastructure Corporation’s business consists of the largest network of fixed-base operations in the United States, the largest bulk storage terminal business in the US, a gas production and distribution business, and a controlling interest in two district energy businesses
Did Cincinnati Bell get sold? Near the end of December, Toronto-based conglomerate Brookfield announced it was buying Cincinnati Bell for $26 billion On March 6, Cincinnati Bell said it had notified Brookfield that it intended to end their merger deal in order to enter into a “superior company proposal from MIP”
How many customers does Cincinnati Bell have?
Through the end of 2020, Cincinnati Bell had approximately 332,000 Internet customers, with approximately 250,000 of those addresses able to access Internet service that offers maximum connection speed