BRC Group To Acquire Sangoma Technologies; Transaction Values Sangoma At An Enterprise Value Of ~$204M; Under Terms Of Deal, Sangoma Shareholders Will Receive $4.925 In Cash And 0.04767 Of A BRC Share For Each Sangoma Share Held; Sangoma Shareholders To Hold About 4% Of BRC Pro Forma Shares Post-Close
BBenzingaBenzinga Newsdesk
Transaction values Sangoma at an enterprise value of approximately $204 million (C$289 million)On a combined basis, BRC communications businesses and Sangoma generated approximately $441 million in trailing-twelve-month
A law firm has initiated an investigation into the board of Sangoma Technologies concerning its fiduciary duties in the pending acquisition by BRC Group Holdings, Inc.
BRC Group Holdings (NASDAQ:RILY) reported quarterly earnings of $0.45 per share. This is a 90 percent decrease over earnings of $4.50 per share from the same period last year. The company reported $239.117 million in
Sangoma Technologies (NASDAQ:SANG) held its second-quarter earnings conference call on Wednesday. Below is the complete transcript from the call. This transcript is brought to you by Benzinga APIs. For real-time access
Sangoma Technologies (NASDAQ:SANG) reported quarterly losses of $(0.18) per share which missed the analyst consensus estimate of $(0.06) by 200 percent. This is a 1900 percent decrease over earnings of $0.01 per share