Thursday, September 29, 2005

More on Vonage ipo plans

"VOIP poster-child Vonage has chosen the investment banks to take it public, sources familiar with the situation say, but some of the bankers involved believe an acquisition might be a better long-term strategy for the N.J. company. (See Sources: Vonage Is Eyeing the Exits). After a six-month bake-off, Vonage has chosen Citibank, UBS AG, and Deutsche Bank AG to lead the IPO, which will happen in five to six months, the sources say. "

[LightReading]

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