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    OTEL   US6888233011

OTELCO INC.

(OTEL)
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ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Otelco Inc.

07/28/2020 | 10:43am EDT

Rowley Law PLLC is investigating potential securities law violations by Otelco Inc. (NASDAQ: OTEL) and its board of directors concerning the proposed acquisition of the company by Oak Hill Capital. Stockholders will receive $11.75 in cash for each share of Otelco stock that they hold. The transaction is valued at approximately $105.6 million and is expected to close in the fourth quarter of 2020.

If you are a stockholder of Otelco Inc. and are interested in obtaining additional information regarding this investigation, please visit us at: http://www.rowleylawpllc.com/investigation/otelco/. You may also contact Shane Rowley, Esq. at Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at info@rowleylawpllc.com, or by telephone at 914-400-1920 or 844-400-4643 (toll-free).  

Rowley Law PLLC represents shareholders nationwide in class actions and derivative lawsuits in complex corporate litigation. For more information about the firm and its attorneys, please visit http://www.rowleylawpllc.com

Attorney Advertising. Prior results do not guarantee a similar outcome.


© Business Wire 2020
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Financials (USD)
Sales 2020 62,0 M - -
Net income 2020 6,31 M - -
Net Debt 2020 61,1 M - -
P/E ratio 2020 6,31x
Yield 2020 -
Capitalization 40,2 M 40,2 M -
EV / Sales 2019 1,61x
EV / Sales 2020 1,62x
Nbr of Employees 201
Free-Float 43,7%
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Income Statement Evolution
Managers and Directors
NameTitle
Richard A. Clark President, CEO, COO & Director
Curtis Lee Garner Chief Financial Officer & Secretary
Tracy Scheckel Manager-Public Relations & Marketing
Trina M. Bragdon VP-Human Resources & Regulatory Affairs
Jerry C. Boles Senior Vice President & Controller
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