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Otelco Agrees to be Acquired by Oak Hill Capital

GlobeNewswire

Otelco Inc. (Nasdaq: OTEL) (“Otelco” or the “Company”), has entered into a definitive agreement to be acquired by affiliates formed by Oak Hill Capital (“Oak Hill”), a private equity firm, for $11.75 per share in cash, which represents an equity purchase price of $40.6 million and an enterprise value of $105.6 million...

Mentions: acquisition Nasdaq Private Equity