TDS Telecom bought “substantially all of the assets”...

TDS Telecom bought “substantially all of the assets” of Bend, Oregon, cable provider BendBroadband for $261 million, TDS said Tuesday in a news release (http://bit.ly/1tXTcCk). TDS Telecom is a subsidiary of Telephone and Data Systems, it said. BendBroadband reported annual revenue of $70 million in 2013, and the deal will add 300 employees to TDS, said the buyer, which had previously announced the deal and just completed the transaction.