Alaska communications stockholders approve acquisition by atn international

Beverly, mass., march 15, 2021 (globe newswire) -- atn international, inc. (nasdaq: atni) (“atn”) announced today that, based on preliminary voting results of a special meeting of stockholders of alaska communications systems group, inc. (nasdaq: alsk) (“alaska communications”) held on friday, march 12, 2021, alaska communication's stockholders have approved the pending acquisition by atn of all of alaska communications shares. atn and financial partner freedom 3 capital, llc (“f3c”) previously announced the proposed transaction in january 2021 to acquire all the outstanding shares of alaska communications common stock for $3.40 per share in cash. the transaction will result in alaska communications becoming a privately held company, with atn to own a majority ownership stake.
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