Communications Services M&A » By The Online Investor Staff, updated Mon., Mar. 8, 2:33 PM
Recent mergers and acquisitions in the Communications Services M&A category.
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Slide #90. TDS Telecom — Baja Broadband
Acquirer:
TDS Telecom (NYSE:TDS)
Acquiree:
Baja Broadband
Details:
M/C Partners and Columbia Capital announced today that they have agreed to sell the assets of Baja Broadband, LLC ("Baja") to Telephone and Data Systems, Inc. (NYSE:TDS), parent company to TDS Telecommunications Corp.
Telephone and Data Systems provides communications services to customers with wireless connections and wireline and cable connections. Co. conducts its wireless operations through its majority-owned subsidiary, United States Cellular Corporation (U.S. Cellular). Co. has three business segments comprised of: U.S. Cellular, which provides service to postpaid and prepaid customers from a variety of demographic segments; and TDS Telecommunications LLC's Wireline and Cable, which provides a range of communications services to both residential and commercial customers.
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Avg. Broker Rec.
 
|
Buy (3.25 out of 4) 43rd percentile
(ranked lower than approx. 57% of all stocks covered)
Analysts' Target Price: TDS Stock Forecast Based on Zacks ABR data; powered by Xignite |
