INX Inc. Will Be Acquired by Presidio Inc

home sitemap     rss

Quick Search
advanced search →

Voip News

WhatsApp Begins Voice Calling Feature
WhatsApp is a popular messaging service that many people use in lieu of SMS messaging. Recently, WhatsApp began gradually rolling out a new VoIP feature that will allow users in India to engage in voice…

Voxox Will Now Supply Cloud Phone Hosted VoIP
Every business owner is looking for ways to save money, time, and to increase the productivity of their business. Voxox, an internet phone service provider, is now offering a solution to this concern.…

Voip Press releases

4PSA Receives 2014 INTERNET TELEPHONY Product of the Year Award
Orlando, Florida - February 4, 2014 - 4PSA - a technology leader in cloud communications software, announced today that TMC, a global, integrated media company, has named VoipNow Cloud OnDemand as a recipient…

Popular Providers
by creation press releases

- Voicebuy Wholesale VoIP Provider
- Polycom Inc
- Huawei Technologies
- Super Technologies Inc.
- 4PSA

INX Inc. Will Be Acquired by Presidio Inc INX Inc. Will Be Acquired by Presidio IncINX Inc. Will Be Acquired by Presidio Inc


4 January 2012

INX Inc. has officially announced that company’s stockholders had approved the previously announced merger agreement, under which Presidio, Inc. will buy all of the outstanding common stock of INX.
At the recent special meeting of company’s stockholders, 73.7% of the total outstanding shares of common stock of INX, approved the proposal to adopt the acquisition agreement. That represented 98.7% of the shares voted at the special meeting.
Upon the completion of the acquisition, INX stockholders would receive $8.75 in cash for each share of INX common stock.
The transaction was completed on December 30, 2011.
“Raymond James & Associates has acted as financial advisor and Mayer Brown LLP has acted as legal advisor to INX’s Board of Directors in connection with the transaction. Weil, Gotshal & Manges LLP has acted as legal advisor to Presidio.”

Back to All news →
All news of Small Business →
All news of VoIP B2B →
All news of VoIP International A-Z →


Business VoIP Providers
  • Business VoIP Hosted PBX

Residential VoIP Providers
  • VoIPo

  • Axvoice

Send SMS for Free →