The company will spend $4 million in cash and $19 million in stock to acquire the Fremont, Calif.-based Internet provider. In addition, Covad will assume $1.7 million in debt."
[AP]
Old news
Monday, October 10, 2005
Covad Acquires NextWeb in $23M Deal: Financial News - Yahoo! Finance
" Covad Communications Group, a provider of integrated voice and data communications, on Wednesday said it will acquire NextWeb Inc. in a deal valued at $23 million.
The company will spend $4 million in cash and $19 million in stock to acquire the Fremont, Calif.-based Internet provider. In addition, Covad will assume $1.7 million in debt."
[AP]
Old news
The company will spend $4 million in cash and $19 million in stock to acquire the Fremont, Calif.-based Internet provider. In addition, Covad will assume $1.7 million in debt."
[AP]
Old news
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment