Pro Forma Intra-Company Merger and Name Change
[49 Pa.B. 6039]
[Saturday, October 12, 2019]
A-2019-3013250. Shentel Communications, LLC and Shenandoah Cable Television, LLC. Application of Shentel Communications, LLC and Shenandoah Cable Television, LLC for approval of a pro forma intra-company merger and name change.
The application was filed as a pro forma transaction under 52 Pa. Code § 63.325(a) (relating to Commission approval of a pro forma transaction subject to 66 Pa.C.S. §§ 1102(a)(3) and 1103) because the applicants claim that there will be no change in the rates or conditions of service, the merger is intra-company in nature and neither the direct ownership or ultimate ownership of the merged companies will change.
However, the intra-company consolidation results in the transfer of 100% of the assets and control of Shentel Communications, LLC. Under the regulations in 52 Pa. Code § 63.324(a) (relating to Commission approval of a general rule transaction subject to 66 Pa.C.S. §§ 1102(a)(3) and 1103), a transaction that results in the transfer of 20% or more of the assets or of the direct or indirect control of an applicant is a general rule transaction. The Pennsylvania Public Utility Commission (Commission) therefore reclassifies the application as a general rule transaction under 52 Pa. Code § 63.325(b).
Formal protests and petitions to intervene must be filed in accordance with 52 Pa. Code (relating to public utilities) on or before October 28, 2019. Filings must be made with the Secretary of the Pennsylvania Public Utility Commission, 400 North Street, 2nd Floor, Harrisburg, PA 17120, with a copy served on the applicant. The documents filed in support of the application are available for inspection and copying at the Office of the Secretary between 8 a.m. and 4:30 p.m., Monday through Friday, on the Commission's web site at www.puc.pa.gov and at the applicant's business address.
Applicants: Shentel Communications, LLC; ShenandoahCable Television, LLC
Through and By Counsel: Michael A. Gruin, Esquire, Stevens & Lee, 17 North Second Street, 16th Floor, Harrisburg, PA 17101
[Pa.B. Doc. No. 19-1534. Filed for public inspection October 11, 2019, 9:00 a.m.]
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