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S. Fraser Reid III has extensive experience in commercial and  business litigation. View Bio

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McDowell Knight Advises Southern Light In Planned Acquisition By Uniti Group

McDowell Knight Advises Southern Light In Planned Acquisition By Uniti Group

(Mobile, AL)- Attorneys from McDowell Knight Roedder & Sledge, L.L.C., advised Southern Light, L.L.C. in its execution of a definitive acquisition agreement with Uniti Group Inc. (Nasdaq: UNIT).  Southern Light and Uniti Fiber announced the definitive agreement on April 10, 2017.

Aggregate consideration of this transaction is approximately $700 million in cash and equity and is expected to close during the third quarter of 2017, subject to customary closing conditions.  Robert B. McGinley, a member of McDowell Knight, advised Southern Light in connection with this transaction.

Southern Light, LLC is a leading provider of fiber optic networks and high-capacity transport solutions along the Gulf Coast serving twelve Tier II and Tier III markets across Alabama, Florida, Georgia, Mississippi, and Louisiana. Southern Light’s dense regional fiber network comprises nearly 6,100 fiber route miles and 4,500 on-net locations.

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