Mebane telephone company plans IPO.
| Position | Madison River Communications - Brief Article |
Madison River Communications, a Mebane-based holding company for Mebtel and other local-service providers in Illinois, Georgia and Alabama, has filed plans with the U.S. Securities and Exchange Commission for an initial public offering that could raise up to $345 million. The money would be used to repay debt and complete the purchase of one of its subsidiaries. No date has been set for the...
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