Brief: Tucows Acquires Wholesale Domain Registrar Ascio Technologies

Tucows

19/03/2019 11:08

March 19 (Reuters) - Tucows Inc  TC.TO :
    * TUCOWS INC. ACQUIRES WHOLESALE DOMAIN REGISTRAR ASCIO
TECHNOLOGIES
    * TUCOWS INC - PURCHASE PRICE WILL BE FUNDED THROUGH TUCOWS'
EXISTING CREDIT FACILITY.
    * TUCOWS INC - TUCOWS WILL PAY $29.44 MILLION AND
TRANSACTION IS
EXPECTED TO BE IMMEDIATELY ACCRETIVE TO OPERATING CASH FLOW
    * TUCOWS INC - TUCOWS WILL PAY $29.44 MILLION AND
TRANSACTION IS
EXPECTED TO BE IMMEDIATELY ACCRETIVE TO OPERATING CASH FLOW.
    * TUCOWS INC - ACQUISITION IS EXPECTED TO PROVIDE SYNERGIES
OVER
NEXT 12 TO 18 MONTHS
    * TUCOWS INC - TRANSACTION CLOSED ON MARCH 18, 2019.

Source text for Eikon:  ID:nGNX8fgdVJ 
Further company coverage:  TC.TO 

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