Alaska Communications Comments on Schedule 13D Filing by Karen Singer Group
December 15 2017 - 6:45PM
Business Wire
Alaska Communications (NASDAQ: ALSK) today issued the following
statement in response to the Schedule 13D filed by Karen Singer and
TAR Holdings LLC, a limited liability company for which Ms. Singer
is the sole member:
Alaska Communications welcomes the opinions
of its shareholders, maintains open dialogue with its shareholders
and values constructive input toward enhancing value. Alaska
Communications has engaged in various discussions with
representatives of Ms. Singer and expects to continue a
constructive dialogue.
Alaska Communications’ Board and management
team regularly review the company’s strategic priorities and
opportunities, and assess a variety of strategic options. We are
committed to enhancing value for all shareholders. Alaska
Communications has a track record of taking action to create
significant value and will continue to evaluate shareholder input,
assess opportunities and make decisions to further achieve this
important objective in an orderly manner that benefits all
shareholders.
About Alaska Communications Systems
Alaska Communications (NASDAQ: ALSK) is the leading provider of
advanced broadband and managed IT services for businesses and
consumers in Alaska. The company operates a highly reliable,
advanced statewide data network with the latest technology and the
most diverse undersea fiber optic system connecting Alaska to the
contiguous U.S. For more information, visit
www.alaskacommunications.com or www.alsk.com.
Forward-Looking Statements
This press release includes certain “forward-looking
statements,” as that term is defined in the Private Securities
Litigation Reform Act of 1995. These forward-looking statements are
based on management’s beliefs as well as on a number of assumptions
concerning future events made using information currently available
to management. Readers are cautioned not to put undue reliance on
such forward-looking statements, which are not a guarantee of
performance and are subject to a number of uncertainties and other
factors, many of which are outside the Company’s control. For
further information regarding risks and uncertainties associated
with the Company’s business, please refer to the Company’s SEC
filings, including, but not limited to, the sections entitled “Risk
Factors” and “Management's Discussion and Analysis of Financial
Condition and Results of Operations” in our annual report on Form
10-K and quarterly reports on Form 10-Q. Copies of the Company’s
SEC filings may be obtained by contacting its investor relations
department at (907) 564-7556 or by visiting its investor relations
website at www.alsk.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20171215005864/en/
Alaska CommunicationsMedia Contact:Heather Cavanaugh,
907-564-7722Director, External Affairs and Corporate
CommunicationsorInvestor Contact:Tiffany Smith,
907-564-7556Manager, Board and Investor
Relationsinvestors@acsalaska.com
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