|
|
| View previous topic :: View next topic |
| Author |
Message |
Barry
Joined: 12 May 2004
Posts: 1473
|
 Posted: Wed Mar 07, 2007 8:28 pm Post subject: TDS Won't Claim Additional US Cellular Stocks |
 |
|
US Cellular’s parent company, Telephone and Data Systems, is no longer considering making an offer to acquire the portion of the carrier’s stock that it doesn’t already own.
The company now says that the current exchange ratio between the two stocks doesn’t appropriately recognize their relative value, and the company wouldn’t consider the transaction on “uneconomic terms.” U.S. Cellular currently trades at nearly $70 per share, while TDS stock is valued at about $55 per share.
_________________
Start Posting for Cool Prizes! |
|
| Back to top |
|
 |
|
|
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum
|
|
|
