CBB - Cincinnati Bell Inc.

NYSE - Nasdaq Real Time Price. Currency in USD
14.78
+0.06 (+0.44%)
As of 12:50PM EDT. Market open.
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Chart Events
Neutralpattern detected
Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close14.72
Open14.77
Bid14.79 x 800
Ask14.80 x 1200
Day's Range14.75 - 14.81
52 Week Range3.19 - 16.05
Volume205,781
Avg. Volume979,090
Market Cap747.593M
Beta (5Y Monthly)0.78
PE Ratio (TTM)N/A
EPS (TTM)-1.67
Earnings DateAug 06, 2020 - Aug 10, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateJul 02, 1999
1y Target Est12.50
  • The City of Wyoming Partners with Cincinnati Bell to Provide Free Public WiFi
    Business Wire

    The City of Wyoming Partners with Cincinnati Bell to Provide Free Public WiFi

    The City of Wyoming is proud to announce a partnership with Cincinnati Bell to realize a "Smart City" vision and bring free public WiFi to Wyoming as part of a broader effort to ignite economic growth.

  • Cincinnati Bell Reports First Quarter 2020 Results
    Business Wire

    Cincinnati Bell Reports First Quarter 2020 Results

    Cincinnati Bell Inc. (NYSE:CBB), today announced financial results for the first quarter of 2020.

  • CBTS Announces Managed Database Services Solution
    Business Wire

    CBTS Announces Managed Database Services Solution

    CBTS, a leading technology provider that delivers communications, cloud, infrastructure, and ­consulting solutions to clients across North America, is pleased to announce the CBTS Managed Database Services solution.

  • Leading Proxy Advisory Firms ISS, Glass Lewis And Egan-Jones Recommend Cincinnati Bell Shareholders Vote For The Transaction With Macquarie Infrastructure Partners
    PR Newswire

    Leading Proxy Advisory Firms ISS, Glass Lewis And Egan-Jones Recommend Cincinnati Bell Shareholders Vote For The Transaction With Macquarie Infrastructure Partners

    Cincinnati Bell Inc. (NYSE:CBB) ("Cincinnati Bell"), today announced that leading proxy advisory firms Institutional Shareholder Services Inc. ("ISS"), Glass Lewis & Co., LLC ("Glass Lewis") and Egan-Jones Ratings Company ("Egan-Jones") have all recommended that Cincinnati Bell shareholders vote FOR the proposed merger whereby a controlled subsidiary of Macquarie Infrastructure Partners ("MIP") has agreed to acquire all outstanding shares of Cincinnati Bell pursuant to a plan of merger (the "Transaction").

  • Cincinnati Bell CEO talks impact of coronavirus on acquisition, region's network
    American City Business Journals

    Cincinnati Bell CEO talks impact of coronavirus on acquisition, region's network

    The coronavirus hit Ohio at an interesting time for hometown technology and infrastructure firm Cincinnati Bell: just as it firmed up an agreement to be acquired for $2.9 billion. In a wide-ranging interview, the company's CEO talks about Covid-19's impact on the deal, as well as how his company has responded to the pandemic.

  • Cincinnati Bell Inc. Announces First Quarter 2020 Earnings Issue Date
    Business Wire

    Cincinnati Bell Inc. Announces First Quarter 2020 Earnings Issue Date

    Cincinnati Bell Inc. (NYSE:CBB) will issue its financial results for the first quarter of 2020 before the market opens on Tuesday, May 5, 2020.

  • GlobeNewswire

    Rigrodsky & Long, P.A. Files Class Action Suit Against Cincinnati Bell Inc.

    WILMINGTON, Del., April 13, 2020 -- Rigrodsky & Long, P.A. announces that it has filed a class action complaint in the United States District Court for the District of.

  • These Cincinnati stocks fared best, worst in March as market plummeted
    American City Business Journals

    These Cincinnati stocks fared best, worst in March as market plummeted

    Greater Cincinnati stock got slammed along with the market in March but it paid to sell your business or to be a grocer in this age of coronavirus.

  • Diversified Communication Industry Reflects Bearish Trends
    Zacks

    Diversified Communication Industry Reflects Bearish Trends

    Diversified Communication Industry Reflects Bearish Trends

  • GlobeNewswire

    SHAREHOLDER ALERT: WeissLaw LLP Reminds MEET, CBB, DLPH, and FTSV Shareholders About Its Ongoing Investigations

    WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of The Meet Group, Inc. (MEET) in connection with the proposed acquisition of the company by NuCom Group. Under the terms of the acquisition agreement, MEET shareholders will receive $6.30 in cash for each share of MEET common stock that they own. WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Cincinnati Bell Inc. (CBB) in connection with the proposed acquisition of the company by Macquarie Infrastructure Partners.

  • GlobeNewswire

    Are Shareholders Getting a Fair Deal? Halper Sadeh LLP Investigates the Sale of These Companies – CORV, TERP, IOTS, CBB

    NEW YORK, March 24, 2020 -- Halper Sadeh LLP, a global investor rights law firm, continues to investigate whether the following proposed mergers are fair to shareholders..

  • GlobeNewswire

    SHAREHOLDER ALERT: WeissLaw LLP Reminds GCAP MINI, MEET, and CBB Shareholders About Its Ongoing Investigations

    WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of GAIN Capital Holdings, Inc. (GCAP) in connection with the proposed acquisition of the company by INTL FCStone Inc. (“INTL”). Under the terms of the acquisition agreement, GCAP shareholders will receive a mere $6.00 per share in cash for each share of GCAP common stock that they own.

  • Cincinnati Bell Creates Fund to Support Meal Programs for Students, Families
    Business Wire

    Cincinnati Bell Creates Fund to Support Meal Programs for Students, Families

    Cincinnati Bell Inc. will donate $20,000 to Cincinnati Public Schools to help ensure that students and their families in our community have access to healthy meals, educational materials, and hygiene kits while schools are closed during Ohio Governor Mike DeWine’s mandate to reduce the spread of the coronavirus.

  • CBTS Announces Partnership With N.J.-based Edge
    Business Wire

    CBTS Announces Partnership With N.J.-based Edge

    CBTS, a leading technology provider that delivers communications, cloud, infrastructure, and ­consulting solutions to clients across North America, is pleased to announce a partnership with Edge, the New Jersey-based nonprofit research and education network and technology partner.

  • Cincinnati Bell Inks $2.9B Deal With MIRA, Shares Rally
    Zacks

    Cincinnati Bell Inks $2.9B Deal With MIRA, Shares Rally

    Cincinnati Bell (CBB) signs a $2.9 billion merger agreement with Macquarie Infrastructure and Real Assets to maximize value of stakeholders and scale up operational efficiency.

  • Why Is Cincinnati Bell (CBB) Up 13.1% Since Last Earnings Report?
    Zacks

    Why Is Cincinnati Bell (CBB) Up 13.1% Since Last Earnings Report?

    Cincinnati Bell (CBB) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • It's now official: Cincinnati Bell acquired
    American City Business Journals

    It's now official: Cincinnati Bell acquired

    Cincinnati Bell has officially agreed to be acquired for $2.9 billion by a New York company. Cincinnati Bell (NYSE: CBB) announced Friday that it has entered into a definitive agreement with Macquarie Infrastructure and Real Assets (MIRA) to be acquired for $2.9 billion, which would pay out $15.50 for every outstanding share of Bell. Cincinnati Bell had originally agreed to be acquired by Brookfield Infrastructure, a Toronto firm that first offered to pay $10.50 per share of Bell, but then upped that to $12.50 after the Cincinnati technology firm got a competing offer.

  • MarketWatch

    Cincinnati Bell to be acquired by Macquarie Infrastructure in all-cash deal valued at $2.9 billion

    Cincinnati Bell Inc. said Friday it has reached agreement to be acquired by Macquarie Infrastructure Partners in an all-cash deal valued at about $2.9 billion. Under the terms of the deal, Macquarie will pay $15.50 for each Cincinnati Bell share, equal to a 101% premium to the closing per share price of $7.72 on December 20, 2019, the last trading day before the announcement of Cincinnati Bell's original merger agreement with Brookfield Infrastructure . That deal was derailed when Macquarie came forward with a bid that the company deemed superior. Funds managed by private equity firm Ares Management Corporation have agreed to provide equity financing for the transaction. Cincinnati Bell has paid $24.8 million to Brookfield in a breakup fee. The deal is expected to close in the first half of 2021. Cincinnati Bell shares rose 3% in early trade.

  • Cincinnati Bell Inc. To Be Acquired By Macquarie Infrastructure Partners In $2.9 Billion Transaction
    PR Newswire

    Cincinnati Bell Inc. To Be Acquired By Macquarie Infrastructure Partners In $2.9 Billion Transaction

    Cincinnati Bell Inc. (NYSE:CBB) ("Cincinnati Bell" or "the Company"), together with Macquarie Infrastructure Partners ("MIP"), today announced an agreement through which a MIP-controlled subsidiary will acquire all outstanding shares of Cincinnati Bell for $15.50 per share in a cash transaction valued at approximately $2.9 billion, including debt (the "Transaction"). MIP is a fund managed by Macquarie Infrastructure and Real Assets ("MIRA"). Certain Special Opportunities funds ("Ares Funds") managed by the Private Equity Group of Ares Management Corporation (NYSE: ARES) ("Ares Management") have agreed to provide equity financing for the Transaction.

  • VMware Recognizes CBTS As a Leading VMware SD-WAN Service Provider
    Business Wire

    VMware Recognizes CBTS As a Leading VMware SD-WAN Service Provider

    CBTS, a leading technology provider that delivers communications, cloud, infrastructure, and ­consulting solutions to clients across North America, has been recognized by VMware, Inc., as a leading service provider of VMware SD-WAN by VeloCoud.

  • Cincinnati Bell Picks Macquarie Amid Intense Bidding War
    Zacks

    Cincinnati Bell Picks Macquarie Amid Intense Bidding War

    Cincinnati Bell (CBB) signs an amended merger agreement with Macquarie Infrastructure and Real Assets, which is believed to have outbid Brookfield Infrastructure.

  • Suitor walks from Cincinnati Bell acquisition
    American City Business Journals

    Suitor walks from Cincinnati Bell acquisition

    A Toronto company that was in agreement to acquire Cincinnati Bell is backing away from that deal in light of a higher offer.

  • Cincinnati Bell Inc. Announces Update To Transaction Process
    PR Newswire

    Cincinnati Bell Inc. Announces Update To Transaction Process

    As previously announced, Cincinnati Bell Inc. (NYSE: CBB) has received a binding proposal from Macquarie Infrastructure and Real Assets Inc. ("MIRA") that Cincinnati Bell's Board of Directors, in consultation with its legal and financial advisors, determined constitutes a "Superior Company Proposal" as defined in Cincinnati Bell's previously announced merger agreement with Brookfield Infrastructure (NYSE: BIP; TSX: BIP.UN) ("Brookfield"). Under the terms of MIRA's proposal, MIRA would acquire all outstanding shares of common stock of Cincinnati Bell for $15.50 per share in cash.

  • Cincinnati Bell could back out of acquisition after getting better offer
    American City Business Journals

    Cincinnati Bell could back out of acquisition after getting better offer

    Cincinnati Bell has received a higher acquisition offer and is giving Toronto-based Brookfield Infrastructure the chance to respond before backing out of its previously announced deal.

  • MarketWatch

    Cincinnati Bell to terminate Brookfield's merger deal to go with MIRA's 'superior' bid

    Shares of Cincinnati Bell Inc. surged 3.3% in premarket trading Friday, after the communications company said it determined Macquarie Infrastructure and Real Assets Inc.'s (MIRA) buyout bid was a "superior company proposal" to the deal it currently has with Brookfield Infrastructure . MIRA's bid was for $15.50 per share in cash, while the agreement with Brookfield made on Thursday was for $14.50 a share in cash, raised from $13.50 agreed on Wednesday. Cincinnati Bell said it has notified Brookfield that it intends to terminate their merger deal and enter into a deal with MIRA. Brookfield's stock was still inactive ahead of the open. Cincinnati Bell's stock has more than doubled (up 112%) over the past three months through Thursday and Brookfield shares have gained 1.5%, while the S&P 500 has lost 3.9%.