Sam Alva Weblog

Thursday, November 20, 2008

The Shuman Law Firm Investigates Centennial Communications Corp

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Centennial recently announced their intention to sell the company to AT T, Inc. The transaction price may be unfair because the company closed at $ 8.70 as recently as June 5 2008, and analyst projections of at least $ 11 per share price target for Centennial stock.. For $ 8.50 a share, or $ 944 million in cash. The total value of the deal, including the assumption of debt, is $ 2.8 billion.

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