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Cincinnati Bell buys Hawaiian Telcom, OnX for USD 650 mln

2017-07-10 17:04:00| Telecompaper Headlines

(Telecompaper) Cincinnati Bell has bought Hawaiian Telcom and OnX Enterprise Solutions for a total of USD 650 million, giving a boost to its scale and service offerings. Under the agreement with Hawaiian, Hawaiian Telcom shareholders will be able to either get USD 30.75 in cash, 1.6305 Cincinnati shares, or a mix of USD 18.45 in cash and 0.6522 shares of Cincinnati Bell for each share of Hawaiian Telcom. Cincinnati will pay USD 201 million for OnX Enterprise Solutions, in cash.

Tags: usd bell cincinnati buys

Category:Telecommunications

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