TDS Kills Array Merger, Revives Stock Buyback Plans
Shifting Gears: TDS Drops Array Deal There's always something brewing in the halls of corporate mergers. Just when you thought Telephone and Data Systems, Inc. (TDS) was about to cinch a deal with Array Digital Infrastructure, Inc. (NYSE: AD), they've turned the car around. TDS decided it won't be going ahead with its acquisition of the remaining shares it doesn't already hold in Array. So, what gives? Failed Merger: A Match Not Meant to Be? Now, TDS isn't exactly shy ab
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