FBR Capital Upgrades Shenandoah Telecommunications (SHEN) to Outperform

Go back to FBR Capital Upgrades Shenandoah Telecommunications (SHEN) to Outperform

Shentel (SHEN) to Acquire NTELOS Holdings (NTLS) for $9.25/Share

August 10, 2015 4:14 PM EDT

Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN) today announced that it has entered into a definitive agreement to acquire NTELOS Holdings Corp. ("nTelos") (Nasdaq: NTLS) for $9.25 per share in cash for a total equity value of approximately $208 million,... More