Posted On: 12/10/2014 8:17:24 PM
Post# of 39368
You should know this too......VSTH
When I started with VSTH, it was a 3 million dollar company on the OTC selling for 10 cents. With my help VSTH got around 30m (total )in funding and went to the Nasdaq and sold for 217 million.
Internap Network Services (NASDAQ: INAP) announced it has reached a definitive agreement to acquire VitalStream Holdings, Inc. (NASDAQ: VSTH).
Under the terms of the transaction, Internap will issue approximately 11.9 million shares of common stock in respect of outstanding VitalStream common shares, which will represent approximately 26% of the combined company's shares.
This is an exchange ratio of 0.5132 Internap shares for every VitalStream share. In addition, Internap will assume VitalStream's currently outstanding stock option plans. Based on the closing price of Internap's stock on October 11, 2006, the transaction is valued at an aggregate purchase price of approximately $217 million. The acquisition is expected to close by the first quarter of 2007.
When I started with VSTH, it was a 3 million dollar company on the OTC selling for 10 cents. With my help VSTH got around 30m (total )in funding and went to the Nasdaq and sold for 217 million.
Internap Network Services (NASDAQ: INAP) announced it has reached a definitive agreement to acquire VitalStream Holdings, Inc. (NASDAQ: VSTH).
Under the terms of the transaction, Internap will issue approximately 11.9 million shares of common stock in respect of outstanding VitalStream common shares, which will represent approximately 26% of the combined company's shares.
This is an exchange ratio of 0.5132 Internap shares for every VitalStream share. In addition, Internap will assume VitalStream's currently outstanding stock option plans. Based on the closing price of Internap's stock on October 11, 2006, the transaction is valued at an aggregate purchase price of approximately $217 million. The acquisition is expected to close by the first quarter of 2007.
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