Consolidated Communications reiterates holders vote for proposed transaction

Consolidated Communications Holdings has mailed a letter to its shareholders in connection with its upcoming special meeting of shareholders urging its shareholders to vote “FOR” the proposed acquisition of the Company by affiliates of Searchlight Capital Partners and British Columbia Investment Management Corporation . The Special Meeting is scheduled to be held on January 31 . Shareholders of record as of December 13, are entitled to vote at the Special Meeting. The full text of the letter mailed to shareholders follows: You have an essential decision to make regarding the value of your investment. In order to realize the benefits of this value-maximizing transaction, the majority of our independent shareholders must support the deal. This means that your vote is extremely important, regardless of the number of shares you own. Every vote counts and is critical to the future of the Company. Not voting is the same as voting against the transaction. The board of directors of the Company strongly believes the $4.70 per share cash offer from Searchlight and BCI is the best risk-adjusted outcome for shareholders and urges that you vote “FOR” the Proposed Transaction.