Investors can contact the law firm at no cost to learn more about recovering their losses
LOS ANGELES, Oct. 24, 2023 (GLOBE NEWSWIRE) — To ll Individuals or Entities Holding Shares of Consolidated Communications Holdings, Inc. (“CNSL” or the “Company”) (NASDAQ: CNSL).
Please be informed that The Portnoy Law Firm, has initiated an examination into the equity of the CNSL sale to affiliates associated with Searchlight Capital Partners, L.P. (“Searchlight”) and British Columbia Investment Management Corporation (“BCI”) in an all-cash deal valued at around $3.1 billion. According to the terms of this merger, CNSL stockholders are set to receive $4.70 per share. The investigation into the CNSL merger revolves around the question of whether the CNSL Board has acted detrimentally toward stockholders by agreeing to participate in this transaction and if all significant facts have been adequately disclosed to stockholders.
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
The investigation into the CNSL merger aims to determine whether the actions of the CNSL Board have caused any harm to stockholders by endorsing this transaction, and whether all essential information has been adequately provided to stockholders.
Please visit our website to review more information and submit your transaction information.
The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com
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