July 28, 2008
XO Communications News (OTCBB:XOHO)
XO Holdings, Inc. (OTCBB: XOHO) today announced that it has raised $780 million through the issuance of two new series of preferred stock in order to retire senior debt, fund future growth initiatives and provide ongoing working capital for the business. XO Holdings, Inc. issued 555,000 shares of the Company’s 7% Class B Convertible Preferred [...]
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July 28, 2008
Mitel News
Mitel has risen to the top spot among the list of highest climbers in this year’s edition of the Financial Post 500 (FP500), the definitive ranking of Canada’s top companies by revenue. Mitel, a leader in business communications since 1973, completed a $729 million acquisition of U.S.-based Inter-Tel Inc on August 16, 2007, creating a, [...]
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