Windstream Corp completes acquisition of local service provider
Posted on Friday, June 4th, 2010 at 7:29 pm
Windstream Corporation has reportedly completed the acquisition of a local exchange operator that provides wire line services in Iowa. The small business is located in Iowa, Missouri and Minnesota.
Windstream announced the $1.2 billion acquisition of Iowa Telecom in November 2009 and the entered a tentative settlement. Some Iowa shareholders filed class action suits to challenge this deal. Windstream is one of the leading rural telecom carriers in the U.S. with nearly 3 million fixed access lines. The corporation is buying smaller carriers to boost its revenues and customer base.
If you or your company are looking for legal assistance in business litigation or transaction, contact the Des moines business transaction lawyers of LaMarca Law Group, P.C. by calling (877) 327-2600 today.