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About HC2 Holdings
HC2 Holdings Inc. was formerley known as PTGI. The company was renamed HC2 Holdings, Inc in April 2014 after HRG Group Inc. acquired a 40.5% stake in the company. HC2's Stock Market ticker on the NYSE was changed to HCHC. Under the HC2 brand, and with Philip Falcone as CEO, HC2 seeks to acquire and grow attractive businesses that generate sustainable free cash flow. Since January 2014 HC2 has acquired a diverse array of operating subsidiaries, each with its own dedicated management team across a broad range of industries. This includes the acquisition of Schuff Steel, America's largest steel fabricator in the first half of 2014 and Global Marine Systems, a British company specializing in building subsea cable infrastructure in the 3rd quarter of 2014.
The Company has divested all telecommunications interests with the exception of PTGi-ICS