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Hawaiian Telcom Holdco, Inc. (HCOM)

Securities Class Action

Overview
  • Date:
  • 7/11/2017
  • Company Name:
  • Hawaiian Telcom Holdco, Inc.
  • Stock Symbol:
  • HCOM
  • Status:
  • Closed/Complete

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NEW YORK, July 11, 2017 – Bragar Eagel & Squire, P.C. is investigating potential claims on behalf of Hawaiian Telcom Holdco, Inc. (NASDAQ: HCOM) stockholders concerning the proposed acquisition of the company by Cincinnati Bell (NYSE: CBB).

The investigation concerns whether Hawaiian Telcom’s board of directors failed to adequately shop the company and obtain the best possible value for Hawaiian Telcom stockholders before entering into a definitive merger agreement with Cincinnati Bell. Under the terms of the agreement, Hawaiian Telcom stockholders will receive either $30.75 in cash, 1.6305 shares of Cincinnati Bell common stock, or a mix of $18.45 in cash and 0.6522 shares of Cincinnati Bell common stock for each share of Hawaiian Telcom they own.

If you own Hawaiian Telcom shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.

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