Iowa-based Long Lines sold to Indiana media company
SERGEANT BLUFF, Iowa (AP) - Communications services provider Long Lines has been sold to South Bend, Indiana-based Schurz Communications.
The Sioux City Journal reports (http://bit.ly/15vABFj ) that Schurz plans to operate Long Lines as a stand-alone division and retain its staff. Terms of the deal announced Tuesday were not disclosed. The transaction is expected to close by April 1.
Family owned Long Lines traces its roots to 1941, when Art Long purchased phone exchanges in Sergeant Bluff, Salix and Sloan. Today the company provides phone, cable TV and broadband Internet service to Sioux City and other northwest Iowa communities.
Long Lines' Chuck Long says offering "the best cable TV and broadband services today requires the investment and resources of a large media enterprise."
Schurz's holdings include cable systems, TV and radio stations and newspapers.
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Information from: Sioux City Journal, http://www.siouxcityjournal.com