Mar. 5, 2009 (Business Wire) -- RCC Consultants, Inc. (RCC) announced today that its parent company, RCC Holdings, Inc., acquired Stream Wireless, Inc. (Stream Wireless) of Rockville, Maryland. ôThe addition of Stream WirelessÆ expertise...
Source: Business Wire
Company: RCC HOLDINGS CORP
Category(ies): economy, business and finance
Ticker: RCCH
Exchange: OOTC
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When this press release was originally provided, there were a number of posters that indicated that RCC Consultants Inc. and RCC Holdings, Inc. were not related to RCC Holdings Corp. When the press release was issued, it showed up on individual's trading accounts connected to RCCH. If you go back to that time period you can see what I mean.
However, the 2nd link you provided now shows something different from when the press release was originally issued,
http://www.streamwirelessco.com/ "We are a global telecommunications engineering consultants. A wholly owned subsidiary of RCC Holding Company, our main office is located in Falls Church, Virginia, near I-66 and I-495, in the Washington DC area."
Now, reviewing the first press release with the statement found on the Stream Wireless website, I wonder if this would be the organizational chart:
1. RCC Holdings Corp 2. RCC Holdings Inc. 3. RCC Consultants Inc. 4. Stream Wireless
When the press release was issued regarding Stream Wireless, there was a considerable amount of discussion that RCC Holdings Inc, couldn't possibly be related to RCC Holdings Corp as RCC Holdings Inc was a subsidiary of Rural Cellular. However, I did previously post the DOJ ruling on the acquisition by Verizon and in that ruling, Verizon had to divest assets in order to complete the acquisition of Rural Cellular. The date of the DOJ ruling combined with the aforementioned links is very interesting indeed.
UNITED STATES OF AMERICA and STATE OF VERMONT, Plaintiffs, v. VERIZON COMMUNICATIONS INC. and RURAL CELLULAR CORPORATION, Defendents Case No: 1:08-cv-993-EGS
FINAL JUDGEMENT ISSUED April 23, 2009 (Scroll to bottom of page for date)
Not compensated in any manner for research and/or posts. Information should be construed as information only for discussion purposes. Always conduct your own dd. Just my opinion
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