SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Hawaiian Telcom (HCOM)

NEW YORK, July 10, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims of whether the board members of Hawaiian Telecom ("Hawaiian Telecom" or the "Company") (NASDAQ: HCOM) breached their fiduciary duties. Hawaiian Telecom investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/hcom.

On July 10, 2017, Hawaiian Telecom and Cincinnati Bell announced that they will enter into a definitive agreement under which the companies will combine in a cash and stock transaction valued at approximately $650 million, including the assumption of net debt. Under the terms of the agreement, Hawaiian Telecom stockholders can either choose $30.75 in cash, 1.6305 shares of Cincinnati Bell common stock, or a mix of $18.45 in cash and 0.6522 shares of Cincinnati Bell common stock for each share of Hawaiian Telcom.

The investigation focuses on whether the Hawaiian Telecom board members failed to fulfill their duties to the shareholders and whether Cincinnati Bell (NYSE: CBB) is underpaying for Hawaiian Telecom.

If you are a shareholder of Hawaiian Telecom and would like to learn more about this investigation, you can visit the firm's site: www.bgandg.com/hcom. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484. 

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.  Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.  In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration.   Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | [email protected]

SOURCE Bronstein, Gewirtz & Grossman, LLC

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