Minneapolis’ Multiband swallowing New Jersey company for $42m

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“MINNEAPOLIS and TOTOWA, N.J., July 10, 2012 /PRNewswire/ — Multiband Corporation (“Multiband”, NASDAQ: MBND), a leading Home Service Provider for DIRECTV and the nation’s largest DIRECTV Master System Operator for Multiple Dwelling Units, and MDU Communications International, Inc. (“MDU Communications”, OTCBB: MDTV), a leading provider, and largest exclusive/bulk provider, of DIRECTV digital satellite television programming, broadband and other communication services to the MDU market announced today the signing of a definitive agreement pursuant to which MDU Communications will merge into Multiband and will be combined with Multiband’s MDU business segment.”

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