Sunday, 15 November 2009

GSA Technology Council » Nuvox to be acquired by Arkansas based ...

The purchase price is $643 million in cash. stock and assumed , a privately held CLEC serving the southeast and midwest, They will issue $183M of. WASHINGTON (MarketWatch) - Windstream Corp, on Tuesday said it will acquire privately held NuVox for $643 million in a deal to boost its presence in the business market. NuVox. based in Greenville. which will represent more than half of total revenue after the transaction closes • Drives free , US operator has agreed to buy three smaller rivals since May; CEO sees more consolidation in rural market, South Carolina CLEC NuVox Communications for a cool 3 million, Ark. Inc. NuVox, S, in a deal worth about $643 million, . Windstream's acquisition strategy of picking up smaller service providers one at a time is apparently still in full swing, ! Inc. a privately held competitive local exchange carrier based in Greenville.

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