On September 28, 2010 I wrote, "With Shrewd Management, Surewest Could Return to Previous Highs." I wrote again on December 1, 2010 and February 13, 2011 that Surewest would be an excellent takeover target. We even did two videos on YouTube in which we pounded the table on the company's fundamentals. Surewest sold for $6.54 per share before my first article was published, and was taken over for $23.00 per share by Consolidated Communications (CNSL) on February 5, 2012.
I believe that Alaska Communications (ALSK) is an even more attractive takeover target than Surewest was, not only for a strategic acquirer, but also for a private equity firm. Fundamentally, the way to view a...
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