Grain Expects to Close on Ritter Buy This Year

Grain Management expects to close on its buy of Ritter companies by year-end, said an application Monday seeking FCC approval for transfer of Telecom Act Section 214 authorizations to a subsidiary of private equity firm Grain. Ritter Telephone, Tri-County, Millington, Ritter Cable and MTel will operate under the same names and terms, and there will be no change in customer service or billing contact information, the application said. Ritter is a cable ISP and telecom serving Arkansas, Tennessee and Texas.