TMCnet News
CINCINNATI BELL INC FILES (8-K) Disclosing Other Events(Edgar Glimpses Via Acquire Media NewsEdge) Item 8.01. Other Events. On September 30, 2014, Cincinnati Bell Inc., an Ohio corporation (the "Company"), completed the previously announced sale of its wireless spectrum licenses pursuant to the terms of the License Purchase Agreement dated April 6, 2014 (the "License Purchase Agreement"), for cash consideration of approximately $194 million. The above description of the License Purchase Agreement does not purport to be complete and is subject to, and qualified in its entirety by, the full text of the License Purchase Agreement, which is filed as Exhibit 10.1 to the Company's Current Report on Form 8-K filed with the SEC on April 7, 2014 and incorporated by reference herein. -------------------------------------------------------------------------------- [ Back To TMCnet.com's Homepage ] |