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Broadband services company $CNSL said it has agreed to acquire Champaign Telephone Company (CTC) and its sister company, Big Broadband Services, a private business communications provider. The agreement provides for an all cash transaction valued at $13MM. The deal is expected to close in 2Q16 or 3Q16.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.