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Latham & Watkins Advises Consolidated Communications in Sale of Washington-Based Assets to Palisade

August 8, 2023
Firm represents the communications provider in its transaction with the infrastructure asset manager.

Palisade Infrastructure (Palisade) and Consolidated Communications, Inc. (Consolidated) have entered into an agreement whereby Palisade, on behalf of its managed funds, will acquire Consolidated’s assets in Washington state. The transaction includes Consolidated’s incumbent networks in Ellensburg and Yelm comprising a mixture of fiber-to-the-home and DSL technologies. The transaction remains subject to federal, state, and local regulatory approvals and customary closing conditions.

Latham & Watkins LLP is advising Consolidated in the transaction with a corporate deal team led by Houston partners Ryan Lynch and Ryan Maierson and Austin partner David Miller, with associates Ashley Nguyen and Morgen Seim. Advice was also provided on tax matters by Houston partners Tim Fenn and Bryant Lee, with associate Dominick Constantino; on environmental matters by Los Angeles/Houston partner Josh Marnitz; on real estate matters by San Diego counsel Aaron Friberg; on benefits matters by Los Angeles partner Michelle Carpenter; with associate Charity Wyatt; on FCC matters by Washington, D.C. partner Elizabeth Park, with associate Michael Herman; on sanctions matters by Washington, D.C. counsel Andrew Galdes; on finance matters by Houston partner Matthew Jones, with associate Chris Wood; and on compliance matters by Washington, D.C. counsel Katherine Sawyer.