Wildcat capital management sends letter to consolidated communications' board of directors opposing take private transaction at $4.70 per share

Wildcat urges stockholders to vote against proposed transaction which it believes greatly undervalues consolidated communications wildcat continues to support company's strategy to generate significant returns as a standalone public entity new york , nov. 3, 2023 /prnewswire/ -- wildcat capital management, llc (together with its affiliates, "wildcat"), which beneficially owns approximately three million shares of consolidated communications holdings, inc. ("cnsl" or the "company") (nasdaq:cnsl), today issued an open letter to cnsl's board of directors opposing the company's proposed transaction with affiliates of searchlight capital partners, l.p. and british columbia investment management corporation, announced on october 16, 2023.
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