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Cable One Buys Fidelity Communications for $525.9M

Cable One said it has agreed to purchase Fidelity Communications for $525.9 million in cash. The deal is expected to close in the fourth quarter.

A family-owned cable operator based in Sullivan, Missouri, Fidelity has provided data, voice and video service to about 114,000 residential and 20,000 business customers in Arkansas, Illinois, Louisiana, Missouri, Oklahoma and Texas for nearly 80 years.

Read the source article at Legal News & Business Law News

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