Consolidated Communications Buying FairPoint For $1.5 Billion in Broadband Power Play
Consolidated Communications Holdings is buying FairPoint Communications for $1.5 billion in an effort to double its strength as a broadband provider.
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**Editor’s Note: Please click here for a recap of the biggest channel-impacting mergers in September-October 2016.**
Consolidated Communications Holdings is buying FairPoint Communications for $1.5 billion in an effort to double its strength as a broadband provider.
The boards of directors from both companies have approved the deal, which gives Consolidated access to North Carolina-based FairPoint’s East Coast footprint. Consolidated is based in Illinois.