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Consolidated Gets State OKs for Searchlight Funding

Consolidated Communications got all required state OKs for a Searchlight Capital investment to expand the carrier’s broadband footprint, Consolidated said Friday. The company has shareholders’ approval and remains “on track to close on the full Searchlight investment following FCC approval…

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expected later this year,” said CEO Bob Udell. The New York Public Service Commission cleared it Thursday (See 2107150030).