NTELOS Holdings (NTLS) Gains as Shenandoah Buys

NTELOS Holdings Corp (NASDAQ:
NTLS
) shares rose 22.4% to $8.95 after the company agreed to be acquired by Shenandoah Telecommunications Company for $9.25 per share in cash or approximately $640 million. Share volume was 2.6 million, compared to an all-day average of 685,000
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