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Trusted by
Acquiring Company
Shentel
Acquired Company
Horizon Telcom
Description
Shenandoah Telecommunications Company (“Shentel” or the “Company”) (Nasdaq: SHEN) announced today it has entered into a definitive agreement to acquire 100% of the equity interests in Horizon Acquisition Parent LLC (“Horizon” or “Horizon Telcom”) for $385 million (the “Transaction”). Consideration will consist of $305 million in cash and $80 million of Shentel common stock.
Fundz sees it the moment Shentel makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired Horizon Telcom?
Horizon Telcom was acquired by Shentel, based in Edinburg. The deal was reported on October 25, 2023. Shenandoah Telecommunications Company (Shentel) provides broadband services through its high speed, state-of-the-art cable and fiber optic networks to customers in the Mid-Atlantic United States. Shentel is publicly traded (SHEN) and operates in Hardware.
When did Shentel acquire Horizon Telcom?
Shentel's acquisition of Horizon Telcom was reported on October 25, 2023. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Horizon Telcom do?
Horizon is a facilities-based fiber-optic broadband service provider based in Ohio and Indiana with expanding services across the Midwest. It is privately held, operating in Hardware, and is based in Columbus.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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