Telephone & Data Systems (NYSE:TDS)
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A diversified telecommunications service company with wireless telephone and wireline telephone operations. It conducts its wireless operations through United States Cellular Corporation and its wireline operations through TDS Telecommunications Corp.
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Southeastern just upped their stake to 31% of the company. That's an increase from 8% in a $4B company in 90 days. I think Mason Hawkins knows something. Like US Cellular needs to get gobbled up by one of the big boys, and it's going to happen soon.
Where do you see this increase? They are still listed as owning just under 8%, Of course that is still a good sign, but I have not locked up the cost at which they got in.