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New Deal


Announced

Block Communications' Telesystem to acquire VoxNet.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Friendly

Internet

Domestic

United States

telecommunication services

Majority

Pending

Acquisition

Single Bidder

Synopsis

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Block Communications' Telesystem, an enterprise collaboration solutions and networking services provider, agreed to acquire VoxNet, a telecommunications services provider. Financial terms are not disclosed. "Telesystem's national strategy includes growing our customer base by offering superior services with a personal touch, and by making strategic acquisitions when we have the opportunity. We plan to continue to grow into markets across the United States," John Martin, Telesystem CEO and President.

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