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Provider: Thomson Reuters Stock Report
Provider: New Constructs, LLC
Provider: Jefferson Research
Provider: Stock Traders Daily

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Vonage Holdings Corp To Acquire Vocalocity, Inc.

Thursday, 10 Oct 2013 06:00am EDT 

Vonage Holdings Corp announced that it has entered into a definitive agreement to acquire privately-held Vocalocity, Inc. (Vocalocity). Vonage will acquire Vocalocity for $130 million, including $105 million in cash and $25 million in Vonage common stock. The transaction is expected to be accretive to adjusted Earnings Per Share (EPS)1 and on an EBITDA1 multiple basis in 2015. 

Company Quote

-0.01 -0.30%
24 Oct 2014