April 13, 2017 / 11:46 AM / 4 months ago

BRIEF-Windstream to acquire Broadview Networks

April 13 (Reuters) - Windstream Holdings Inc

* Windstream to acquire Broadview Networks

* Windstream Holdings Inc - deal for $227.5 million.

* Windstream Holdings Inc - deal accretive to free cash flow

* Windstream Holdings Inc - deal creates $30 million in annual operating expense synergies

* Windstream Holdings Inc - Windstream intends to finance transaction with cash reserves and available revolving credit capacity

* Windstream Holdings Inc - Windstream expects to realize approximately $30 million in annual operating synergies within two years

* Boards of both companies unanimously approved transaction Source text for Eikon: Further company coverage:

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