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Alaska Communications secures a better buyer, strikes $332 million deal

Alaska Communications paid Macquarie, GCM a $6.8 million break-up fee After taking advantage of its right to solicit "superior proposals" from third-parties, Alaska Communications has backed out of its previous deal with Macquarie and GCM and managed to secure a higher price for itself. The...

General Communications bolsters Alaska presence with $300M acquisition

Alaska’s mobile market is set for consolidation as General Communications Group announced plans to acquire Alaska Communications Group’s customer base and stake in their Alaska Wireless Network partnership for $300 million. The deal calls for GCI to pick up ACG’s approximately 109,000 wireless customers, bolstering...

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