Will Santa bring something for FairPoint?

The Maine Public Utilities Commission is set to again discuss FairPoint Communications' proposed acquisition of Verizon Communications properties in Maine, New Hampshire and Vermont tomorrow. However, it remains to be seen whether any action will be taken tomorrow, or anytime soon, with Christmas and the New Year approaching.

A story in the Central Maine Morning Sentinel said the holiday break means deal approval isn't likely until next month, but JPMorgan analyst Jonathan Chaplin said in a research note that he expects deal action before Christmas.

For more:
- here's the story in the Central Maine Morning Sentinel

Related article:
The Maine public advocate staff said last week it would support the deal

Suggested Articles

While various economies in general, and SMBs in particular, saw steep declines due to Covid-19, web scale operators set several records in Q2.

A takeover attempt by Rogers Communications and Altice USA to acquire Cogeco has gone to the trenches with dueling letters this week.

Frontier Communications received a judge's stamp of approval for its bankruptcy exit financing on Wednesday.