Birch is now Fusion

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NEW YORK, May 07, 2018 (GLOBE NEWSWIRE) -- Fusion (NASDAQ:FSNN), a leadingprovider of cloud services, announced today that on May 4, 2018, ...

Press Release
Press Release
0 jplist-folder-All-Posts-319 Press-Release-Press-Release jplist-topic-acquisition jplist-topic-M-A 0 240307 240307 NEW YORK, May 07, 2018 (GLOBE NEWSWIRE) -- Fusion (NASDAQ:FSNN), a leadingprovider of cloud services, announced today that on May 4, 2018, it closed its previously announced acquisition of the Cloud and Business Services business of BirchCommunications Holdings, Inc. (“Birch”). The acquisition was completed through a merger of a wholly-owned subsidiary of Fusion with and into Birch. The total enterprise value of this transaction was approximately $600 million, consisting of approximately 50 million shares of Fusion common stock and the refinancing of $444 million of Birch indebtedness. 

Birch is Now Fusion

Press Release

NEW YORK, May 07, 2018 (GLOBE NEWSWIRE) -- Fusion (NASDAQ:FSNN), a leadingprovider of cloud services, announced today that on May 4, 2018, it closed ...

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