Home › Cincinnati Bell gets higher bid from infrastructure fund, at USD 12 per share
 

Keywords :   


Cincinnati Bell gets higher bid from infrastructure fund, at USD 12 per share

2020-01-27 08:57:00| Telecompaper Headlines

(Telecompaper) Cincinnati Bell said it has received a unsolicited bid from an infrastructure fund. The bid, at USD 12 per share, tops the offer Cincinnati Bell earlier accepted a bid from Brookfield Infrastructure, at USD 10.50 per share, or USD 2.6 billion in total. Although the board of Cincinnati Bell supports the transaction with Brookfield, the agreement allows Cincinnati Bell to talk with other companies, and the company confirmed it is doing so with the infrastructure fund. 

Tags: per share higher usd

Category:Telecommunications

Latest from this category

All news
10.02Turning AI into Measurable Outcomes with Private Cloud
06.02How Proactive Threat Hunting Stopped INC Ransom Before the Alert
04.02Getting Started With AI: A Practical Path Forward
02.02Community Impact 2025: A Global Year of Giving Back
Telecommunications »
14.02This Week in Agribusiness, February 14, 2026
14.02This Week in Agribusiness, February 14, 2026
14.02Rising vet costs leave charity with 400k bill
14.02Is dining out dying out?
13.02Heathrow not crowded but people walk in 'wrong place', says boss
13.02Amazon's Ring ends deal with surveillance firm after backlash
13.02Andrew facing claim he shared Treasury document with banking contact
13.02Head of Dubai-based ports giant quits after Epstein links revealed
More »