Internet Commerce / EasyLink Services
Internet Commerce (ICC) and EasyLink Services, the listed technology companies, today announced they have agreed ICC will acquire EasyLink for USD 5.80 per share.
The deal has an aggregate transaction value of USD 67m. The acquisition is expected to be completed in the third quarter of 2007, subject to customary closing conditions and regulatory approvals, as well as stockholder approval from both companies.
Georgia-based ICC's acquisition of New Jersey-based EasyLink brings together two market leaders with a shared vision for helping organizations of all sizes improve the flow and exchange of essential data and business documents. By combining forces, ICC creates an entity that brings to market an unrivaled portfolio of offerings, accelerates growth in core network services, gives greater presence in international markets, expands penetration in key industry verticals and extends into new product segments.
(c) Company Press Release
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