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Posts tagged Timeline
Windstream to acquire NuVox
Nov 7th
Bye bye happy NuVox/NewSouth circle thing!
Sara and I have been extremely busy this week so I’ll have to ask you to cut us some slack for being a few days late with this news.
Wednesday November 3rd NuVox, Inc. entered into an agreement to be acquired by the Windstream Corporation (NYSE: WIN).
The purchase has been valued at over $643 million dollars. Windstream expects to issue 18.7 million fixed shares of stock valued at $183 million dollars, pay $280 million dollars, and assume a net debt of $180 million dollars as part of the proposed transaction.
You can read the official statements on press releases at BusinessWire or on the Windstream or NuVox websites. For my unofficial, not in anyway representative of my employer statement, keep reading.
