NEW YORK, Dec. 13, 2016 /PRNewswire/ -- The following
statement is being issued by Levi & Korsinsky, LLP:
To: All Persons or Entities who purchased FairPoint Communications, Inc. (NASDAQ: FRP) stock prior to
December 5, 2016.
You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of
the sale of FairPoint Communications to Consolidated Communications Holdings, Inc. (NASDAQ: CNSL). Consolidated
Communications will acquire FairPoint in an all-stock merger transaction valued at approximately $1.5
billion. Under the terms of the transaction, FairPoint shareholders will receive a fixed exchange ratio of 0.7300 shares
of Consolidated Communications common stock for each share of FairPoint common stock. To learn more about the action and your
rights, go to:
http://zlk.9nl.com/FairPoint_FRP
or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to
you.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut, California, and
Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered
hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the
attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP