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NewsAccess Integrated Networks to Acquire Assets in GA & FL04.24.07 Macon, GA and Newark, NJ (April 24, 2007) - Access Integrated Networks, Inc. and IDT Telecom, Inc. announced today an agreement for Access Integrated Networks to acquire bundled local and long distance residential and small business telephone customers located in Florida and Georgia from IDT Telecom. IDT Telecom services these customers under the brand IDT America. “This acquisition increases the already dense nature of our small business and residential customer assets in Florida and Georgia,” said Vincent M. Oddo, President and CEO of Access. “Strategically, this acquisition increases our presence in the small business and residential markets in the Southeast.” A seamless migration of these customers is anticipated within the next few weeks, pending regulatory approvals. Redwood Capital acted as financial advisor to Access Integrated Networks, Inc. in connection with the transaction. |
Redwood’s CEO Op-Ed: 2010 – The Year of the Entrepreneur
What can we look forward to after the worst U.S. economic and financial crisis in decades, possibly since the Great Depression? As crazy as it sounds at first, I believe 2010 will be the year of the entrepreneur.
Which Way M&A? Consolidation, Low-Cost Acquisitions May Lie Ahead...
What happens to the fragile digital music space in 2010? The tail end of 2009 witnessed some distressed buyouts, and a number of companies are currently rattling the exit door. According to a recent projection by Redwood Capital Group, a number of low-earning startups could be interesting to larger, more traditional media companies, mostly because of their audiences.
To navigate Greenwich's budget gap, look to proven solutions - By Gregory Bedrosian
In a scene that's being repeated in city halls and state houses across the country, the leadership of Greenwich is doing the hard work of re-crafting the town budget in the face of an extraordinary projected budget shortfall of $31 million. We are part of a great national debate on how to navigate a historic financial and economic crisis. |
