AT&T (T) Announces Date to Complete Centennial Communications (CYCL) Acquisition

AT&T (NYSE: T) and Centennial Communications Corp. (NASDAQ: CYCL) announced the plan to complete the merger process. The two companies were entered into an agreement on November 7, 2008 under which AT&T would acquire Centennial. The Centennial stockholders would receive $8.50 per share in cash. Now, they are planning to complete the acquisition process early in the fourth quarter of calendar year 2009.