Top Stocks News: OTT, LTM, SDR, OCZ, (PINK:ONVO)
February 01, 2013 at 15:00 PM EST
Lakeway, NY -- (SBWIRE) -- 02/01/2013 -- Otelco, Inc. (USA) (NASDAQ:OTT) stock surged 39.06% to $1.78. The company today announced a restructuring transaction, which will strengthen the Company by deleveraging its balance sheet and reducing its overall indebtedness by approximately $135 million.