Institutions getting things ready for taxes on their books. The whole market dropped. They still have paperwork etc. to do before vacations commence. I feel the big reason for the drop. Also tapering may begin earlier.
Consolidated Communications completes purchase of SureWest Communications
MATTOON, Ill. – Consolidated Communications announced today it completed the purchase of SureWest Communications on Tuesday, July 2.
Consolidated Communications announced in February that it would acquire the California-based company and its approximately 267,000 residential connections and 16,000 business subscribers in Northern California and Kansas City. SureWest Communications and Consolidated Communications shareholders voted in favor of the acquisition on June 12.
You have that BASSACKWARDS! Yeah I spelled it that way on purpose.