Cequel Communications LLC, which does business as Suddenlink Communications, has closed on its acquisition of NPG Cable Inc. from News?Press & Gazette Co. The $350 million deal had been announced in November.
NPG’s cable systems serve approximately 83,000 customers, representing approximately 210,000 revenue generating units or RGUs, with operations in St. Joseph, MO; Mammoth Lakes, CA; and several, clustered Arizona communities, including Flagstaff and Sedona, Lake Havasu and Kingman.
“We look forward to serving these communities and are delighted to be able to officially welcome NPG’s customers and employees to the Suddenlink family,” said Jerry Kent, Suddenlink’s Chairman and CEO.
RBC Daniels acted as the exclusive financial advisor to NPG in this transaction.
