Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

CIBL To Sell Partnership Interests In Two New Mexico Cellular - Quick Facts

RELATED NEWS
Trade VZ now with 

CIBL Inc. announced that it has reached definitive agreements with Verizon Wireless to sell its partnership interests in two New Mexico cellular partnerships operated by Verizon.

These partnerships serve New Mexico Rural Service Areas or "RSAs" Nos. 3 and 5, covering the counties of Catron, Sierra, Socorro and Valencia (RSA No. 3), and Grant, Hidalgo and Luna (RSA No. 5).

Financial terms have not yet been disclosed. These sales cannot be completed unless a majority of the company's outstanding shares are voted in favor of the sales, and the Company intends to schedule a special meeting of shareholders for late April or early May to conduct the vote.

The company said its board recommended that shareholders approve the sales, and asked that all shareholders promptly return their proxies once they receive them, or attend the special meeting to vote in favor of the transactions.

Click here to receive FREE breaking news email alerts for Verizon Communications and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
With trading resuming following the long, holiday weekend, stocks showed a lack of direction throughout the trading session on Tuesday before ending the day mixed. The markets largely held on to the bulk of their recent gains. The Islamic State (IS), a Sunni extremist group previously known as Islamic State of Iraq and the Levant (ISIL), has released a video purporting to show the beheading of US journalist Steven Sotloff, media reports said Tuesday. According to reports, the video also showed a masked man threatening to execute a British man named David Haines. He also warned governments to stay away "this evil allian Less than a month after resigning from Congress, former House Majority Leader Eric Cantor, R-Virg., has made the move from Washington to Wall Street by joining boutique investment bank Moelis & Co. A statement from Moelis said Cantor will serve as Vice Chairman and Managing Director and also be elected to the company's Board of Directors.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.