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Alaska Communications Systems Group Inc. Message Board

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  • vickersviscount vickersviscount Nov 11, 2011 11:34 AM Flag

    verizon is taking over

    I originally bought Alaska because I got a $65 roaming bill a few years ago when I spent time in Alaska - I figured if all the tourists like me spent $65 on roaming (via Verizon) they should make some money. I own Verizon also, and they pay a nice 5.4% dividend. . .If this is an all stock transaction, I still get a 5.4% dividend and more shares of Verizon - I think the takeover price would be about $9 a share on current calculations, but could be a bit higher. The only other possibility is some kind of a long term joint operating agreement, where Verizon brands in Alaska but is carried on Alaska's network - either way, Verizon will be in Alaska.

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