Array Digital forms committee to review TDS acquisition proposal

Go back to Array Digital forms committee to review TDS acquisition proposal

Array Digital Infrastructure Forms Special Committee of Independent Directors in Response to Receipt of Non-Binding Proposal from TDS

May 8, 2026 7:15 AM EDT

CHICAGO, May 8, 2026 /PRNewswire/ -- Array Digital Infrastructure, Inc. (NYSE: AD) ("Array" or the "Company") confirmed today that its board of directors (the "Board") has received a non-binding proposal, dated May 7, 2026, from Telephone and Data Systems, Inc. (NYSE: TDS) ("TDS") to acquire all of the outstanding common shares of the Company not currently owned by TDS (the... More