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General

Alaska Communications accepts stronger bid from Macquarie Capital, GCM Grosvenor

Tuesday 22 December 2020 | 14:23 CET | News
Alaska Communications has amended its merger agreement with Macquarie Capital and GCM Grosvenor, which will now acquire the company for a higher USD 3.26 per in cash, or a total of USD 325 million, including net debt. The equity firms raised their offer for the company after Alaska Communications received an outside bid of USD 3.25 per share. The original takeover bid started at USD 300 million but rose after stronger offers from outside parties.

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Categories: General
Companies: Alaska Communications
Countries: United States
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