Brief: Fusion acquires cloud services provider Apptix

Carasent ASA

15/11/2016 14:04

Nov 15 (Reuters) - Fusion Telecommunications International 
Inc  FSNN.O  
    * Fusion Telecommunications International -Pricing of $2.8 
million private placement consisting of 2.4 million shares of 
its common stock at $1.15 per share 
    * Fusion Telecommunications International Inc- Total 
consideration in transaction was $28.0 million 
    * Fusion Telecommunications International Inc - Acquisition 
was financed with a new $70.0 million senior secured credit 
facility led by East West Bank 
    * Fusion acquires cloud services provider Apptix 
 
Source text for Eikon:  ID:nMKWvjvh0a  
Further company coverage:  FSNN.O  
 
 ((Bangalore.newsroom@thomsonreuters.com;))