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RCN Q4 a study in sub loss, revenue decline RCN Corp.’s fourth quarter was once again marked by overall customer losses and revenue declines, even as its days as a publicly traded company are apparently numbered.On March 5, the company announced it had reached an agreement to be acquired... Law Offices Of Howard G. Smith Announces Investigation On Behalf Of Shareholders Of RCN Corporation Law Offices of Howard G. Smith announces that it is investigating potential claims against the board of directors of RCN Corporation (?RCN? or the ?Company?) (Nasdaq:RCNI) related to the Company?s agreement to be acquired by ABRY Partners, LLC. PE Firm Takes Cable Overbuilder RCN for $1.2 Billion HERNDON, VA.: Cable TV overbuilder RCN is being bought out by private equity investors ABRY Partner in a deal valued at $1.2 billion. Boston-based ABRY agreed to a price of $15 per share, or around $536 million, and the assumption of RCNs debt, which... Robbins Umeda LLP Announces An Investigation Of The Acquisition Of RCN Corporation By ABRY Partners Robbins Umeda LLP has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of RCN Corporation ("RCN") (NASDAQ: RCNI) in connection with their decision to pursue the sale of RC...
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