Regulators OK FairPoint sale to Consolidated Communications

State regulators have approved the sale of FairPoint Communications to an Illinois-based company that announced in December its intent to buy the phone and internet company.
The Public Service Board, which regulates landline phone companies, issued its unanimous decision to approve the sale to Consolidated Communications Inc. on Monday evening.
The board cited Consolidated’s settlement with the Public Service Department, whose role is to advocate for ratepayers in front of the board. The s