Consolidated/Condor Deal Complete

December 31, 2024 |Wireline

Consolidated Communications notified the FCC on Monday that the transfer of indirect ownership and control of its local subsidiaries to Condor Holdings is complete. Consolidated also delisted on NASDAQ and is now privately held. Affiliates of Searchlight Capital Partners and British Columbia Investment Management acquired its assets, Consolidated noted. The deal faced scrutiny from state regulators, including those in Maine (see 2407110027) and New Hampshire (see 2406210040).