On the Record · Windstream Holdings
Windstream Holdings acquisitions, on the record
The businesses Windstream Holdings bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Broadview Networks Holdings, Inc.Word for word“The transaction was valued at approximately $230.0 million .” 10-K for 2017 | acquisition | — | approximately $230.0 million |
EarthLink Holdings Corp.Word for word“In the aggregate, Windstream Holdings issued approximately 93 million shares of its common stock and assumed approximately $435 million of EarthLink’s long-term debt, which we refinanced, in a transaction valued at approximately $1.1 billion.” 10-K for 2017 | acquisition | — | approximately $1.1 billion |
data center business (portion sold to TierPoint LLC)Word for word“On December 18, 2015, we completed the sale of a substantial portion of our data center business to TierPoint LLC (“TierPoint”) for $575.0 million in cash.” 10-K for 2017 | divestiture | On December 18, 2015 | $575.0 million in cash |
American Telephone Company, LLC ("ATC")Word for word“On August 31, 2018, Windstream Holdings completed its acquisition of American Telephone Company, LLC (“ATC”), a reseller of a broad range of voice and data communications services to businesses mainly headquartered in the greater New York metropolitan area, for initial cash consideration of approximately $10 million, net of cash acquired.” 10-K for 2018 | agreed acquisition | On August 31, 2018 | approximately $10 million, net of cash acquired |
MASS Communications ("MASS")Word for word“On March 27, 2018, Windstream Holdings acquired MASS Communications (“MASS”), a privately held telecommunications network management company focused on providing custom engineered voice, data and networking solutions to small and mid-sized global enterprises in the financial, legal, healthcare, technology, education and government sectors, for $37.1 million in cash, net of cash acquired.” 10-K for 2018 | acquisition | On March 27, 2018 | $37.1 million in cash, net of cash acquired |
Broadview Networks Holdings, Inc. ("Broadview")Word for word“The transaction was valued at approximately $230.0 million.” 10-K for 2018 | merger | — | approximately $230.0 million |
EarthLink Holdings Corp. ("EarthLink")Word for word“In the aggregate, Windstream Holdings issued approximately 18.6 million shares of its common stock and assumed approximately $435.3 million of EarthLink’s long-term debt, which we subsequently refinanced, in a transaction valued at approximately $1.1 billion.” 10-K for 2018 | merger | — | approximately $1.1 billion |
Consumer CLEC businessWord for word“On December 31, 2018, we completed the sale of substantially all of our consumer competitive local exchange carrier (“CLEC”) business to an affiliate of Trive Capital Fund III LLP and nQue Technologies for $320.9 million in cash, net of a working capital adjustment.” 10-K for 2018 | divestiture | On December 31, 2018 | $320.9 million in cash, net of a working capital adjustment |
data center business (substantial portion, sold to TierPoint LLC)Word for word“On December 18, 2015, we completed the sale of a substantial portion of our data center business to TierPoint LLC (“TierPoint”) for $575.0 million in cash.” 10-K for 2018 | divestiture | On December 18, 2015 | $575.0 million in cash |
Broadview Networks Holdings, Inc.Word for word“The transaction was valued at approximately $230.0 million . ” 10-K for 2019 | merger | — | approximately $230.0 million |
EarthLink Holdings Corp.Word for word“On February 27, 2017, Windstream Holdings completed its merger with EarthLink Holdings Corp. (“EarthLink”), a leading provider of data, voice and managed network services to retail and wholesale business customers and nationwide Internet access and related value-added services to residential customers.” 10-K for 2019 | merger | On February 27, 2017 | — |
consumer competitive local exchange carrier (“CLEC”) businessWord for word“On December 31, 2018, we completed the sale of substantially all of our consumer competitive local exchange carrier (“CLEC”) business to an affiliate of Trive Capital Fund III LLP and nQue Technologies for $320.9 million in cash, net of a working capital adjustment.” 10-K for 2019 | divestiture | On December 31, 2018 | $320.9 million in cash |
data center businessWord for word“Sale of Data Center Business - On December 18, 2015, we completed the sale of a substantial portion of our data center business to TierPoint LLC (“TierPoint”) for $575.0 million in cash.” 10-K for 2019 | divestiture | On December 18, 2015 | $575.0 million in cash |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses |
|---|---|---|
| 2016-12-31 | $0 | $0 |
| 2017-12-31 | $63.3 million | $0 |
| 2018-12-31 | — | $320.9 million |
| 2019-12-31 | — | $0 |
Deal filings since 2016
- 2020-09-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-09-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-08-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-03-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-02-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-08-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-08-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-06-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-06-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-12-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-12-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-11-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-11-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-03-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-03-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-02-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-02-27 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2016-11-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-03-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Windstream Holdings’s annual reports (10-K for 2019, 10-K for 2018, 10-K for 2017) and the financial data it files with the SEC, as of 2020-05-19. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.