Business Services Industry
TDS offers trade to United States Cellular - Telephone and Data Systems Inc.; United States Cellular Corp
Mobile Phone News, Jan 22, 1996
Telephone and Data Systems Inc. [TDS] made an offer to United States Cellular [USM] to transfer TDS' minority ownership interests in certain cellular markets for approximately $116.7 million. Those minority ownership interests represent approximately 675,000 "pops." TDS holds more than 80 percent of USM's common stock. (Kenneth Meyers, United States Cellular, 312/399-8923.)
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