Consolidated Communications (CNSL) snaps up SureWest Communications (SURW) for $23 per share -...

|About: Consolidated Communicatio... (CNSL)|By:, SA News Editor

Consolidated Communications (CNSL) snaps up SureWest Communications (SURW) for $23 per share - marking a 47.5% premium to Friday's closing price. Under the terms of the deal, SureWest investors can choose to receive either cash or shares of CNSL.