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Utilities M&A image Utilities M&A » By The Online Investor Staff, updated Sun., Apr. 18, 3:42 AM Recent mergers and acquisitions in the Utilities M&A category.

Slide #53. Alaska Communications TekMate

Acquirer: Alaska Communications (NASDAQ:ALSK)
Acquiree: TekMate
Details: Alaska Communications (NASDAQ:ALSK) today announced the purchase of 51 percent of TekMate, one of Alaska's leading managed information technology (IT) services firms, expanding on its 2010 acquisition of 49 percent interest in TekMate.

Alaska Communications Systems Group is a fiber broadband and managed information technology (IT) services provider, providing technology and service enabled customer solutions to business and wholesale customers in and out of Alaska. Co. provides services and products to the following customer categories: Business and Wholesale, which includes remote network monitoring and support, managed IT security and other IT services; Consumer, which provides broadband, voice and IT services to residential customers, including residential homes and multi-dwelling units; and Regulatory, which provides voice and broadband origination and termination services to interstate and intrastate carriers.

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Company Name: 
Alaska Communications Systems Group Inc
Stock buyback: 
ALSK buyback
Communications Services
Number of ETFs Holding ALSK: 
Total Market Value Held by ETFs: 
Total Market Capitalization: 
% of Market Cap. Held by ETFs: 

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Quotes delayed 20 minutes

Strong Buy (4.00 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
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Utilities M&A - Slide 53 of 100 Page |

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