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Integrated Telecommunications Services

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PLDT says Partners Group to acquire SPi Global for $330 mln

Sunday, 21 May 2017 09:27pm EDT

May 22 (Reuters) - PLDT Inc ::Partners group to acquire SPi Global for $330 million.

AT&T says Straight Path elected to accept superior offer, terminated agreement with AT&T "after we declined to exercise our matching right"

Thursday, 11 May 2017 05:37pm EDT

May 11 (Reuters) - AT&T Inc ::Says Straight Path elected to accept superior offer, terminated agreement with AT&T "after we declined to exercise our matching right".

Straight Path says co may be required to pay Verizon a fee of $38 mln upon termination of merger

Thursday, 11 May 2017 04:12pm EDT

May 11 (Reuters) - Straight Path Communications Inc :Straight Path - upon termination of Verizon merger, under certain circumstances, co may be required to pay Verizon termination fee equal to $38 million.Straight Path says Verizon required to pay co $85 million if merger has not closed by the extended termination date under some circumstances - sec filing.Straight Path - if Verizon merger is terminated other than as a result of Verizon’S breach, co to pay Verizon amount equal to AT&T termination fee.

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