May 5, 2008
Covad News
Platinum Equity has completed the acquisition of Covad Communications Group on april 15th. The total value of the transaction is approximately $470 million. The acquisition was a public-to-private transaction in which an affiliate of Platinum Equity acquired all outstanding shares of Covad stock for $1.02 per share in cash. The company previously traded on the [...]
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October 29, 2007
Covad News
Update: see Covad Megapath Merger Covad Communications Group Inc., (AMEX: DVW), a leading national provider of integrated voice and data communications, today announced that it has signed a definitive agreement to be acquired by Platinum Equity in an all-cash transaction. Under the terms of the agreement, which was unanimously approved by Covad’s Board of Directors [...]
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