News flash – Utah investor to acquire GTA

TAMUNING, Guam — Huntsman Family Investments, a private investment platform for the Jon M. Huntsman Sr. family headquartered in Salt Lake City, and its affiliates announced today that they have entered into a definitive agreement to acquire GTA TeleGuam from funds serviced by Advantage Partners LLP, a Japanese private equity firm. The transaction is subject to federal and Guam regulatory approvals and is expected to close later this year.

Under the new Utah-based ownership, GTA would continue to be locally managed and operated. This transaction would be Huntsman Family Investments’ first in Guam, and President and CEO Paul Huntsman said . . .

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