Source: Dow Jones Business Wire and Company Press Releases

Country Road Communications
 
STAMFORD, Connecticut – Citizens Communications Company (NYSE: CZN) announced today that it has entered into an agreement with Country Road Communications LLC (“Country Road”) to acquire Global Valley Networks Inc. (“GVN”) and GVN Services (“GVS”) through the purchase from Country Road of 100% of the outstanding common stock of Evans Telephone Holdings, Inc., the parent company of GVN and GVS. The purchase price is $62 million in cash, subject to adjustment. Citizens intends to finance the acquisition with cash on hand.
“This acquisition of approximately 15,000 access lines in California is a great fit with our West Region properties,” said Maggie Wilderotter, Chairman and CEO of Citizens. “Global Valley has properties in fast-growth rural areas that meet all of our acquisition criteria.”  The closing is subject to satisfaction of certain usual and customary conditions, including Hart-Scott-Rodino antitrust clearance and necessary approvals from the Federal Communications Commission and the California Public Utilities Commission. The transaction is expected to close within six to nine months.

Dana Corporation
 
TOLEDO, Ohio – Dana Corporation (OTCBB: DCNAQ) has closed the previously announced sale of its European fluid products hose and tubing operations to Orhan Holding, A.S., receiving cash proceeds of $66.9 million, and expects to receive $18.1 million of cash proceeds upon closing the sale of the remainder of the hose and tubing business – in North America – to Orhan later in the third quarter.
Dana expects to record an after-tax gain of approximately $34 million in the third quarter of 2007 in connection with the completion of the entire divestiture.
The global fluid products hose and tubing business reported aggregate revenues of $266 million in 2006 and employs approximately 1,750 people.  Its operations manufacture fuel lines; power-assisted steering products; heating, ventilation, and air conditioning (HVAC) under-body products; engine and transmission cooling lines; exhaust gas recirculation tubes; and airbag fill tubes.

DURA Automotive Systems
 
ROCHESTER HILLS, Mich. - DURA Automotive Systems, Inc. (OTC:DRRAQ) today announced that it has entered into an asset purchase agreement with Atwood Acquisition Co., LLC, an affiliate of Insight Equity, for the sale of DURA's Atwood Mobile Products division, headquartered in Elkhart, Indiana. The agreement provides for the acquisition of Atwood Mobile Products for an aggregate cash consideration of $160.2 million. Closing of the transaction is subject to the approval of the United States Bankruptcy Court for the District of Delaware, which has jurisdiction over DURA's Chapter 11 reorganization proceedings; government regulatory approvals; and customary closing conditions.
Atwood offers a broad range of products to the recreation vehicle (RV), specialty vehicle and manufactured housing markets. The division's products encompass windows and doors, specialty glass, hardware appliances and electronics. Founded in 1909, Atwood was acquired by automotive supplier Excel Industries, which was then acquired by DURA in 1999.

About Miller Buckfire
 
Miller Buckfire is a leading independent investment bank providing strategic and financial advisory services focusing on complex restructuring transactions, mergers and acquisitions, and equity and debt financing. The firm was formed in July 2002 when the financial restructuring group at Dresdner Kleinwort Wasserstein spun off as an independent entity. Miller Buckfire's professionals have successfully restructured more than $180 billion in debt, advised on M&A transactions valued at over $100 billion and advised on financings involving over $35 billion. The firm is based in New York. Additional information about Miller Buckfire can be found at www.millerbuckfire.com.