Shenandoah Telecommunications To Acquire 100% Of The Equity Interests In Horizon Acquisition Parent For $385M
Portfolio Pulse from Benzinga Newsdesk
Shenandoah Telecommunications (SHEN) has announced plans to acquire 100% of the equity interests in Horizon Acquisition Parent for $385 million.
October 25, 2023 | 7:07 am
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Shenandoah Telecommunications is acquiring Horizon Acquisition Parent for $385 million, which could potentially expand its market reach.
The acquisition of Horizon Acquisition Parent by Shenandoah Telecommunications could potentially expand its market reach and improve its competitive position. This could lead to increased revenues and profitability in the future, which is likely to have a positive impact on its stock price in the short term.
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