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Stock Market & Financial Investment News

News Breaks
November 28, 2012
16:33 EDTFRPFairPoint agrees to sell its Idaho operations to Blackfoot for $30M
FairPoint Communications announced that it has entered into an agreement to sell the capital stock of its Idaho-based operations to Blackfoot Telecommunications Group of Missoula, Montana, for $30M in cash. FairPoint's Idaho properties serve more than 5,000 residential and business customers in eastern Idaho. On an annual basis, the properties contribute approximately $8M in revenue, approximately $5M in EBITDA, with capital expenditures of approximately $1M.
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April 2, 2014
06:06 EDTFRPAcacia Research enters into settlement, patent license agreement with FairPoint
Acacia Research (ACTG) announced that its Brilliant Optical Solutions subsidiary has entered into a settlement and patent license agreement with Fairpoint (FRP). The agreement resolves litigation that was pending in the United States District Court for the Western District of Missouri.

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