Keep BT Local has submitted a revised bid to the Burlington City Council. The revised bid includes:

  1. Carried Interest or cash for City and Citibank for the ‘base’ purchase offer of $12M
  2. An increase in our offer from $12M to $18M
  3. Revisions to the City and School contracts
  4. More favorable terms for the Maine Fiber Company Loan Contract in the event of a default.
  5. Working Capital improvement
  6. Increased Investment in the Tech Economy
  7. Specific Pricing Committments

For the details of our bid revisions, please see:

(0) Changes Overview, and (1) KBTL Offer.



By : Alan Wagener /November 20, 2017 /Burlington Telecom Co-op News, Uncategorised /0 Comment

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