Latham & Watkins Advises Consolidated Communications in US$3.1 Billion Take-Private Transaction

Consolidated Communications Holdings, Inc. (NASDAQ: CNSL) (Consolidated Communications), a top 10 fiber provider in the US, announced that it has entered into a definitive agreement to be acquired by affiliates of Searchlight Capital Partners, L.P. and British Columbia Investment Management Corporation in an all-cash transaction with an enterprise value of approximately US$3.1 billion, including the assumption of debt.

Latham & Watkins LLP is representing Consolidated Communications in the transaction with a corporate deal team led by Houston partners Ryan Maierson and Ryan Lynch and Austin partner David Miller, with associates Morgen Seim and Christina Schrantz. Advice was also provided on tax matters by Houston partners Tim Fenn and Bryant Lee, with associate Dominick Constantino; on benefits and compensation matters by Los Angeles/Orange County partner Michelle Carpenter, with associate Charity Wyatt; on intellectual property matters by Washington, D.C. counsel Kieran Dickinson, with associate Sanjana Parikh; on data privacy matters by Houston counsel Robert Brown, with associate Lyle Stewart; on regulatory matters by Washington, D.C. partner Elizabeth Park; on real estate matters by San Diego counsel Aaron Friberg; on environmental matters by Los Angeles/Houston partner Josh Marnitz, with associate Olivia Pettingill; on finance matters by Houston partners Matthew Jones and Pamela Kellet, with associates Chris Wood, Michael Basist, and Whitley Johnson; on anti-bribery and anti-corruption matters by Washington, D.C./New York partner Nicholas McQuaid, with associate Ryan Malo; on sanctions matters by Washington, D.C. counsel Andrew Galdes; and on antitrust matters by Washington, D.C. partner Jason Cruise.