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HickoryTech Completes Acquisition of CP Telecom.

Publication: Mergers & Acquisitions Week
Publication Date: 19-AUG-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
HickoryTech Corporation (Nasdaq: HTCO) announced that it has completed its acquisition of CP Telecom, a privately held facilities-based telecom provider, serving Minneapolis, St. Paul and northern Minnesota, for the purchase price of $7 million, plus routine working capital adjustments. HickoryTech funded this acquisition with cash on hand and did...

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