What are the details of the acquisition?
Green Hills Telephone Corporation d/b/a Green Hills Communications (Green Hills), a North Central Missouri telecommunications provider headquartered in Breckenridge, has entered into a definitive agreement to acquire Citizens Communications Corporation’s three wholly-owned operating subsidiaries — Citizens Telephone Company of Higginsville, Missouri, Citizens Cablevision, Inc., and Citizens Long Distance Company (collectively, Citizens).
Through this acquisition, Green Hills will obtain Citizens’ fiber, coaxial cable and copper network which spans over 700 miles and serves business and residential customers in 13 nearby communities. Upon completion of the transaction, the two companies will continue to conduct business as usual as Green Hills and Citizens in their respective communities. The Companies will maintain offices in Breckenridge, MO and Higginsville, MO, under the direction of the existing Green Hills management team led by General Manager, David Adams.
The transaction is subject to regulatory approvals and other customary closing conditions and is expected to close in the third quarter of 2020. Financial terms of the transaction were not disclosed. Stifel served as exclusive financial advisor to Green Hills and MVP Capital Advisors served as exclusive financial advisor to Citizens on the transaction. Green Hills has partnered with Rural Telephone Finance Cooperative (RTFC) to finance the purchase.
Who is Citizens Communications?
Citizens Communications Operating Companies, including Citizens Telephone, Cablevision, and Long Distance, headquartered in Higginsville, Missouri, provide Internet, Telephone and Cable TV service to residential and business customers within Lafayette, Pettis and Saline counties in West Central Missouri. With the local telephone company founded in 1908, Citizens remains dedicated to delivering the best communications services modern technologies provide and actively supporting the communities it serves.
Who is Green Hills Communications?
Green Hills Communications, headquartered in Breckenridge, Missouri, is a local broadband telecommunications provider serving residential and business customers within Caldwell, Carroll, Daviess, Linn, Livingston, and Ray counties in North Central Missouri.
Learn more about Green Hills Communications.
Where will the Company be headquartered?
Upon completion of the transaction, the two companies will continue to conduct business as usual as Green Hills and Citizens in their respective communities. The Companies will maintain offices in Breckenridge, MO and Higginsville, MO, under the direction of the existing Green Hills management team led by General Manager, David Adams.
What are the driving factors for the acquisition?
Green Hills and Citizens both strive to provide the latest technology while continually investing in their network and communities. By combining Green Hills and Citizens’ capabilities, the Company can build upon their respective legacies and continue to provide advanced technology solutions across North Central/West Central Missouri.
How will the acquisition affect my service?
Green Hills and Citizens will continue to provide telecommunication solutions to rural business and residential customers in nine (9) North Central and West Central Missouri counties, offering a full suite of communications services including local and long distance phone service, TV programming, high-speed Internet, unified business communications, hosted business solutions, Ethernet connectivity and customized networking solutions.
What number should I call to contact Green Hills or Citizens?
For all existing and new Green Hills & Citizens customers, the contact information will remain the same. This includes trouble reporting, bill payment, sales, accounts payable, and current websites.
Green Hills Communications
Serving the following communities in north central Missouri: Avalon, Bogard, Braymer, Breckenridge, Carrollton, Chillicothe, Cowgill, Dawn, Hamilton, Kidder, Kingston, Knoxville, Lock Springs, Ludlow, Mooresville, Norborne, Polo, Stet, Tina, Utica, Wheeling.
Main Number: (660) 644-5411
Headquarters: 7926 NE State Route M, PO Box 227, Breckenridge, MO 64625
Serving the following communities in west central Missouri: Alma, Aullville, Blackburn, Concordia, Corder, Emma, Gilliam (CATV only), Higginsville, Houstonia, Malta Bend, Mayview, Slater, Sweet Springs, Waverly.
Main Number: (800) 321-4282
Headquarters: 1905 Walnut Street, PO box 737, Higginsville, Mo 64037
Who should I contact with additional questions?
Additional questions about the acquisition may be submitted to Angela Shaffer at email@example.com.