For Sean and Kevin Reilly, buying Eatel was a family matter

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In mid-October, an article appeared in a premium-membership edition of The Wall Street Journal, breaking the news that a Louisiana telecommunications company might soon be bought, with the headline proclaiming, “Family-Owned Eatel Explores a Sale.” The prospect wasn’t all that surprising. In an industry rife with mergers and acquisitions, Eatel—a small, yet profitable company with

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