Bluebird Fiber Expects Year-End Close on Everstream
Missouri-based Bluebird Fiber said Tuesday that it hopes to close on its purchase of Everstream's assets by the end of the year. The purchase received U.S Bankruptcy Court approval last week, but Bluebird said the closing still requires regulatory approvals.…
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Bluebird CEO Jason Adkins said Everstream's fiber network and staff "will mesh perfectly with our fiber network and team." The newly combined company "will form one of the largest fiber enterprise businesses in the Midwest." The sale doesn't include Everstream's Pennsylvania assets, which are being wound down. Ohio-based Everstream has told the FCC it doesn't want its Chapter 11 bankruptcy to interrupt service operations or affect rates or terms of service for existing customers (see 2505300037).