Market Overview

Birch Communications to Acquire Cbeyond for $323M in Cash

Birch Communications and Cbeyond. (Nasdaq: CBEY) jointly announced today that they have entered into a definitive agreement under which Birch will acquire Cbeyond in an all-cash transaction valued at approximately $323 million.

Cbeyond stockholders will receive between $9.97 and $10.00 per share.

See full press release

Posted-In: News Contracts M&A Global

 

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