Telephone and Data Systems shares are trading higher after the country announced the entry into a definitive agreement to sell its wholly owned subsidiaries OneNeck IT Solutions and OneNeck Data Center Holdings to US Signal Company
Portfolio Pulse from Benzinga Newsdesk
Telephone and Data Systems (TDS) shares are trading higher after the company announced a definitive agreement to sell its wholly owned subsidiaries, OneNeck IT Solutions and OneNeck Data Center Holdings, to US Signal Company.
June 03, 2024 | 3:31 pm
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Telephone and Data Systems (TDS) shares are trading higher following the announcement of a definitive agreement to sell its subsidiaries, OneNeck IT Solutions and OneNeck Data Center Holdings, to US Signal Company.
The sale of OneNeck IT Solutions and OneNeck Data Center Holdings is a significant move for TDS, likely improving its financial position and leading to a positive market reaction. This is reflected in the immediate rise in TDS shares.
CONFIDENCE 90
IMPORTANCE 80
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