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Shenandoah Telecommunications Company Reports Second Quarter 2024 Results
SHENShentel(SHEN) GlobeNewswire News Room·2024-08-07 11:00

EDINBURG, Va., Aug. 07, 2024 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company ("Shentel" or the "Company") (Nasdaq: SHEN) announced second quarter 2024 financial and operating results. Second Quarter 2024 Highlights On April 1, 2024, Shentel completed its previously announced acquisition of Horizon Acquisition Parent LLC ("Horizon") for approximately 385million,whichconsistedof385 million, which consisted of 305 million in cash and 4.1 million shares of Shentel's common stock issued to a selling shareholder of Horizon ("Ho ...