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North Pittsburgh Telephone Company is now Consolidated Communications.
This may be a new name to you, but like North Pittsburgh Systems, we've been providing communication services for more than 100 years.
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Consolidated Communications completes purchase of North Pittsburgh Systems, Inc.
Consolidated Communications announced today it has completed the purchase of North
Pittsburgh Systems, Inc. (NPSI). The transaction includes three companies that comprised
NPSI: North Pittsburgh Telephone Co., a 101-year-old telecommunications company in
western Pennsylvania, as well as competitive local exchange carrier and interexchange
carrier Penn Telecom and Internet Service Provider Nauticom. All three companies
will eventually be branded as Consolidated Communications.
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Consolidated Communications Reaches a Definitive Merger Agreement to Acquire North Pittsburgh Systems, Inc. for $375.1 Million
Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) announced today that it has
entered into a definitive agreement to acquire North Pittsburgh Systems, Inc. (Nasdaq: NPSI)
for $25 per share in a taxable cash and stock transaction with a total consideration of
$375.1 million, based on Consolidated's June 29, 2007 closing price.
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North Pittsburgh Systems, Inc. Chosen as One of America's Most Trustworthy Companies
North Pittsburgh Systems, Inc is named one of the 100 Most Trustworthy Companies in the
United States, selected for its high degree of accounting transparency and fair dealing
with shareholders.
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North Pittsburgh Systems, Inc. Again Chosen as One of Pittsburgh’s Top 50 Businesses.
North Pittsburgh Systems, Inc. was again chosen this year by the Pittsburgh Post-Gazette
as one of the Pittsburgh area's Top 50 businesses. 2006 is the fifth consecutive year that
NPSI has been chosen as a Top 50 company.
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