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Posted on 10330 Hargray Communications (“Hargray” or the “Company”) and The Pritzker Organization, L.L.C. (“TPO”) announced today that an investor group led by TPO and including Stephens Capital Partners, Redwood Capital Investments, and WaveDivision Capital has signed a definitive agreement under which Cable One, Inc. (“Cable One”), currently a minority investor in Hargray, will purchase the remaining interests in Hargray. TPO led the Hargray investment in 2017 and has held a majority stake in the Company and invested in its growth since that time. Founded in the Lowcountry region of South Carolina, Hargray is the premier broadband communications provider to small cities and large towns throughout South Carolina, Georgia, Alabama, and northern Florida. The Company has invested significantly to construct fiber-optic broadband networks and to acquire and upgrade smaller providers to create a h ....
Press release content from Business Wire. The AP news staff was not involved in its creation. Cable One Acquires Hargray from Investor Group Led by The Pritzker Organization February 15, 2021 GMT HILTON HEAD ISLAND, S.C. & CHICAGO (BUSINESS WIRE) Feb 15, 2021 Hargray Communications (“Hargray” or the “Company”) and The Pritzker Organization, L.L.C. (“TPO”) announced today that an investor group led by TPO and including Stephens Capital Partners, Redwood Capital Investments, and WaveDivision Capital has signed a definitive agreement under which Cable One, Inc. (“Cable One”), currently a minority investor in Hargray, will purchase the remaining interests in Hargray. TPO led the Hargray investment in 2017 and has held a majority stake in the Company and invested in its growth since that time. ....