Liberty Latin America Ltd. announced it has entered into a definitive agreement to acquire AT&T Inc.’s wireless and wireline operations in Puerto Rico and the U.S. Virgin Islands, in an all-cash transaction valued at $1.95 billion. “This strategic and complementary acquisition is an exciting and unique opportunity to expand our business in one of our […]
Baby boomers in Puerto Rico have the lowest personal loan balances, carrying an average of $10,158 in the second quarter of 2019, according to data released by consumer and business credit reporting and marketing services firm Experian data. “While this balance is still twice the national average held by Generation Z, it’s 38% less than […]
The Four Points by Sheraton hotel in Caguas announced that 15 years after opening as the first hotel in the region, it will be unveiling a $7 million renovation of its facilities during the upcoming Christmas season. The hotel is betting on the progress of the local economy and the island’s human resources, Miguel Rivas, […]