Mitel Networks Corp (MITL) 7.05 $MITL
AINEO Networks Chooses Mitel to Expand Cloud Communications Offerings in Japan
GlobeNewswire - Sun Jul 10, 6:00PM CDT
-- Software-based solution allows rapid deployment of cloud services
MNW.TO: 9.25 (-0.12), MITL: 7.05 (-0.16)
CORRECTING and REPLACING Siris Capital Group to Acquire Polycom, Inc. for $2.0 Billion in Cash
BusinessWire - Fri Jul 08, 11:25AM CDT
Contact number for Heather Kernahan should read: 415-269-9854 (instead of 212-897-2155).
MITL: 7.05 (-0.16), PLCM: 12.28 (+0.03)
Mitel Responds to Notification from Polycom of Superior Proposal
GlobeNewswire - Fri Jul 08, 6:00AM CDT
-- Waives right to match consideration payable to Polycom stockholders
MNW.TO: 9.25 (-0.12), MITL: 7.05 (-0.16), PLCM: 12.28 (+0.03)
Polycom Agrees to End Mitel Merger Agreement and Approves New Merger Agreement With Siris Capital
BusinessWire - Fri Jul 08, 6:00AM CDT
Polycom, Inc. (Nasdaq: PLCM), a global leader in helping organizations achieve new levels of teamwork, efficiency and productivity by unleashing the power of human collaboration, today announced that its board of directors has approved the termination of the company's previously announced merger agreement with Mitel Networks Corporation. Upon Mitel's receipt of the requisite termination fee payable under the company's merger agreement with Mitel, which the company intends to deliver today, the company will enter into a new merger agreement with Triangle Private Holdings I, LLC and Triangle Private Merger Sub, Inc., entities affiliated with Siris Capital Group, LLC (collectively, "Siris"
, which was previously described as "Sponsor 1" in Polycom's filings with the U.S. Securities and Exchange Commission. Under the terms of the new merger agreement between the company and Siris, outstanding shares of common stock of Polycom will be exchanged for $12.50 per share in cash at the completion of the merger. The Siris merger is subject to customary closing conditions, including receipt of stockholder and regulatory approvals, and is expected to close in the third quarter of 2016.
MITL: 7.05 (-0.16), PLCM: 12.28 (+0.03)
CNSG Welcomes Mitel's MiCloud Services to Suite of Solutions
PR Newswire - Thu Jul 07, 7:00AM CDT
Converged Network Services Group (CNSG), premier master agency for connectivity, cloud, and cloud enablement, today announced a partnership with Mitel® (Nasdaq:MITL) (TSX:MNW), a global leader in real-time business, cloud and mobile communications. Under the agreement, CNSG will now offer Mitel's MiCloud business communications portfolio to its growing base of agents and managing partners.
MNW.TO: 9.25 (-0.12), MITL: 7.05 (-0.16)
Mitel and Polycom to Hold Shareholder Meetings to Approve Acquisition on July 29, 2016
GlobeNewswire - Tue Jun 28, 3:05PM CDT
Mitel (Nasdaq:MITL) (TSX:MNW) and Polycom (Nasdaq
LCM), announced that the meetings of Mitel shareholders and Polycom stockholders to approve Mitel's proposed acquisition of Polycom will take place on July 29, 2016. Mitel's annual and special meeting of shareholders will be held at The Brookstreet Hotel, 525 Legget Drive, Ottawa (Kanata), Ontario, K2K 2W2, commencing at 10:00 a.m., Eastern time, on July 29, 2016. Polycom's special meeting of stockholders will be held at Polycom's corporate headquarters located at 6001 America Center Drive, San Jose, California 95002, on July 29, 2016, at 10:00 a.m., Pacific time. Mailing of Mitel's proxy circular with respect to its annual and special meeting of shareholders and Polycom's proxy statement with respect to its special meeting of stockholders began on Tuesday, June 28, 2016.
MNW.TO: 9.25 (-0.12), MITL: 7.05 (-0.16), PLCM: 12.28 (+0.03)
Mitel and Zayo Partner to Deliver Cloud Communications in Canada
GlobeNewswire - Tue Jun 28, 7:30AM CDT
-- Zayo offers bandwidth and telecom services to business and public sector customers
MNW.TO: 9.25 (-0.12), ZAYO: 28.68 (+0.19), MITL: 7.05 (-0.16)
Finnish Operator Setera Chooses Mitel Cloud Solution to Expand Offerings in Southern Europe
GlobeNewswire - Wed Jun 22, 6:30AM CDT
-- Software-based solution allows rapid deployment of cloud services
MNW.TO: 9.25 (-0.12), MITL: 7.05 (-0.16)
CORRECTING and REPLACING The Law Office of Robbins Arroyo LLP Announces that It Has Filed a Class Action Lawsuit Against Polycom, Inc.
BusinessWire - Wed Jun 15, 1:06PM CDT
Fourth paragraph, first sentence of release should read: sixty days from June 15, 2016 (instead of sixty days from June 14, 2016).
MITL: 7.05 (-0.16), PLCM: 12.28 (+0.03)
The Law Office of Robbins Arroyo LLP Announces that It Has Filed a Class Action Lawsuit Against Polycom, Inc.
BusinessWire - Wed Jun 15, 11:14AM CDT
Shareholder rights law firm Robbins Arroyo LLP announces that it filed a class action lawsuit on June 8, 2016, in the U.S. District Court for the Northern District of California, San Jose Division (the "Court" on behalf of the shareholders of Polycom, Inc. ("Polycom" (NASDAQGS: PLCM) against its Board of Directors, Mitel Networks Corporation ("Mitel" (NASDAQGS: MITL) and Meteor Two, Inc. for, among other things, violations of sections 14(a) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act" and U.S. Securities and Exchange Commission ("SEC" Rule 14a-9 promulgated thereunder.
MITL: 7.05 (-0.16), PLCM: 12.28 (+0.03)
INVESTOR ALERT: Levi & Korsinsky, LLP Announces that a Class Action Has Commenced Challenging the Fairness of the Sale of Polycom, Inc. to Mitel Networks Corporation -- PLCM
GlobeNewswire - Tue Jun 14, 10:30AM CDT
The following statement is being issued by Levi & Korsinsky, LLP:
MITL: 7.05 (-0.16), PLCM: 12.28 (+0.03)
Mitel Reiterates Significant Acquisition Value and Upside to Polycom and Mitel Shareholders
GlobeNewswire - Wed Jun 08, 7:30AM CDT
Mitel (Nasdaq:MITL) (TSX:MNW) a global leader in real-time business, cloud and mobile communications, today reiterated the following statement in response to Polycom's Form 8-K regarding receipt of a revised non-binding proposal with no financing commitments from Sponsor 1.
MNW.TO: 9.25 (-0.12), MITL: 7.05 (-0.16)
Mitel Solidifies Investment in 5G Connectivity Initiative
GlobeNewswire - Tue Jun 07, 7:30AM CDT
-- New company focused on next generation customized wireless service to support Internet of Things and billions of devices
MNW.TO: 9.25 (-0.12), MITL: 7.05 (-0.16)
Red Funnel Wins Technology Partnership of the Year With Mitel Solution
GlobeNewswire - Mon Jun 06, 6:30AM CDT
-- Staff better able to deal with customer communications and provide proactive customer service
MNW.TO: 9.25 (-0.12), MITL: 7.05 (-0.16)
Branham Ranks Mitel #1 In Canada's Top Mobile Tech Companies List
GlobeNewswire - Thu Jun 02, 7:30AM CDT
-- Mitel's mobile innovations include the first commercial voice over LTE launch
MNW.TO: 9.25 (-0.12), MITL: 7.05 (-0.16)
Mitel to Present at Three Investor Conferences in June
GlobeNewswire - Wed Jun 01, 5:09PM CDT
Mitel(R) (Nasdaq:MITL) (TSX:MNW), a global leader in real-time business, cloud and mobile communications, today announced that members of its executive team will be participating at three investor conferences in June.
MNW.TO: 9.25 (-0.12), MITL: 7.05 (-0.16)
Mitel Named a Leader in Latest Gartner Magic Quadrant for UC for Midsize Enterprises, North America
GlobeNewswire - Wed Jun 01, 7:30AM CDT
-- For the second consecutive year, Gartner positions Mitel as a "Leader" in completeness of vision and ability to execute
MNW.TO: 9.25 (-0.12), MITL: 7.05 (-0.16)
POLYCOM INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Polycom, Inc.
PR Newswire - Tue May 31, 2:22PM CDT
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF" are investigating the proposed sale of Polycom, Inc. ("Polycom" or the "Company" (NASDAQ: PLCM) to Mitel Networks Corporation (NASDAQ: MITL). Under the terms of the proposed transaction, shareholders of Polycom will receive only $3.12 in cash and 1.31 Mitel shares for each share of Polycom that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
MITL: 7.05 (-0.16), PLCM: 12.28 (+0.03)
How are These Stocks Performing? - CommScope Holding, Knowles, Mitel Networks and Harmonic
PR Newswire - Fri May 27, 7:08AM CDT
Today's coverage brings us back to the fast-paced Technology sector, which presents various opportunities for many of investors. ActiveWallSt.com has lined up four names in the Communication Equipment industry today: CommScope Holding Co. Inc. (NASDAQ: COMM), Knowles Corp. (NYSE: KN), Mitel Networks Corp. (NASDAQ: MITL), and Harmonic Inc. (NASDAQ: HLIT). Get started today by signing up for our free alert service at:
COMM: 32.14 (-0.10), HLIT: 3.00 (+0.07), KN: 14.51 (+0.34), MITL: 7.05 (-0.16)
Telecom Stock Roundup: Verizon to Suffer from Workers' Strike, Polycom Receives New Takeover Bid
Zacks Equity Research - Zacks Investment Research - Thu May 26, 10:43AM CDT
The U.S. telecom industry remained rather subdued last week.
AMX: 12.29 (-0.01), LBTYA: 29.38 (+0.11), TI: 7.23 (+0.15), TEF: 9.47 (+0.10), MITL: 7.05 (-0.16), VZ: 55.93 (+0.03), PLCM: 12.28 (+0.03)
AINEO Networks Chooses Mitel to Expand Cloud Communications Offerings in Japan
GlobeNewswire - Sun Jul 10, 6:00PM CDT
-- Software-based solution allows rapid deployment of cloud services
MNW.TO: 9.25 (-0.12), MITL: 7.05 (-0.16)
CORRECTING and REPLACING Siris Capital Group to Acquire Polycom, Inc. for $2.0 Billion in Cash
BusinessWire - Fri Jul 08, 11:25AM CDT
Contact number for Heather Kernahan should read: 415-269-9854 (instead of 212-897-2155).
MITL: 7.05 (-0.16), PLCM: 12.28 (+0.03)
Mitel Responds to Notification from Polycom of Superior Proposal
GlobeNewswire - Fri Jul 08, 6:00AM CDT
-- Waives right to match consideration payable to Polycom stockholders
MNW.TO: 9.25 (-0.12), MITL: 7.05 (-0.16), PLCM: 12.28 (+0.03)
Polycom Agrees to End Mitel Merger Agreement and Approves New Merger Agreement With Siris Capital
BusinessWire - Fri Jul 08, 6:00AM CDT
Polycom, Inc. (Nasdaq: PLCM), a global leader in helping organizations achieve new levels of teamwork, efficiency and productivity by unleashing the power of human collaboration, today announced that its board of directors has approved the termination of the company's previously announced merger agreement with Mitel Networks Corporation. Upon Mitel's receipt of the requisite termination fee payable under the company's merger agreement with Mitel, which the company intends to deliver today, the company will enter into a new merger agreement with Triangle Private Holdings I, LLC and Triangle Private Merger Sub, Inc., entities affiliated with Siris Capital Group, LLC (collectively, "Siris"
, which was previously described as "Sponsor 1" in Polycom's filings with the U.S. Securities and Exchange Commission. Under the terms of the new merger agreement between the company and Siris, outstanding shares of common stock of Polycom will be exchanged for $12.50 per share in cash at the completion of the merger. The Siris merger is subject to customary closing conditions, including receipt of stockholder and regulatory approvals, and is expected to close in the third quarter of 2016. MITL: 7.05 (-0.16), PLCM: 12.28 (+0.03)
CNSG Welcomes Mitel's MiCloud Services to Suite of Solutions
PR Newswire - Thu Jul 07, 7:00AM CDT
Converged Network Services Group (CNSG), premier master agency for connectivity, cloud, and cloud enablement, today announced a partnership with Mitel® (Nasdaq:MITL) (TSX:MNW), a global leader in real-time business, cloud and mobile communications. Under the agreement, CNSG will now offer Mitel's MiCloud business communications portfolio to its growing base of agents and managing partners.
MNW.TO: 9.25 (-0.12), MITL: 7.05 (-0.16)
Mitel and Polycom to Hold Shareholder Meetings to Approve Acquisition on July 29, 2016
GlobeNewswire - Tue Jun 28, 3:05PM CDT
Mitel (Nasdaq:MITL) (TSX:MNW) and Polycom (Nasdaq
LCM), announced that the meetings of Mitel shareholders and Polycom stockholders to approve Mitel's proposed acquisition of Polycom will take place on July 29, 2016. Mitel's annual and special meeting of shareholders will be held at The Brookstreet Hotel, 525 Legget Drive, Ottawa (Kanata), Ontario, K2K 2W2, commencing at 10:00 a.m., Eastern time, on July 29, 2016. Polycom's special meeting of stockholders will be held at Polycom's corporate headquarters located at 6001 America Center Drive, San Jose, California 95002, on July 29, 2016, at 10:00 a.m., Pacific time. Mailing of Mitel's proxy circular with respect to its annual and special meeting of shareholders and Polycom's proxy statement with respect to its special meeting of stockholders began on Tuesday, June 28, 2016. MNW.TO: 9.25 (-0.12), MITL: 7.05 (-0.16), PLCM: 12.28 (+0.03)
Mitel and Zayo Partner to Deliver Cloud Communications in Canada
GlobeNewswire - Tue Jun 28, 7:30AM CDT
-- Zayo offers bandwidth and telecom services to business and public sector customers
MNW.TO: 9.25 (-0.12), ZAYO: 28.68 (+0.19), MITL: 7.05 (-0.16)
Finnish Operator Setera Chooses Mitel Cloud Solution to Expand Offerings in Southern Europe
GlobeNewswire - Wed Jun 22, 6:30AM CDT
-- Software-based solution allows rapid deployment of cloud services
MNW.TO: 9.25 (-0.12), MITL: 7.05 (-0.16)
CORRECTING and REPLACING The Law Office of Robbins Arroyo LLP Announces that It Has Filed a Class Action Lawsuit Against Polycom, Inc.
BusinessWire - Wed Jun 15, 1:06PM CDT
Fourth paragraph, first sentence of release should read: sixty days from June 15, 2016 (instead of sixty days from June 14, 2016).
MITL: 7.05 (-0.16), PLCM: 12.28 (+0.03)
The Law Office of Robbins Arroyo LLP Announces that It Has Filed a Class Action Lawsuit Against Polycom, Inc.
BusinessWire - Wed Jun 15, 11:14AM CDT
Shareholder rights law firm Robbins Arroyo LLP announces that it filed a class action lawsuit on June 8, 2016, in the U.S. District Court for the Northern District of California, San Jose Division (the "Court"
on behalf of the shareholders of Polycom, Inc. ("Polycom" (NASDAQGS: PLCM) against its Board of Directors, Mitel Networks Corporation ("Mitel" (NASDAQGS: MITL) and Meteor Two, Inc. for, among other things, violations of sections 14(a) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act" and U.S. Securities and Exchange Commission ("SEC" Rule 14a-9 promulgated thereunder. MITL: 7.05 (-0.16), PLCM: 12.28 (+0.03)
INVESTOR ALERT: Levi & Korsinsky, LLP Announces that a Class Action Has Commenced Challenging the Fairness of the Sale of Polycom, Inc. to Mitel Networks Corporation -- PLCM
GlobeNewswire - Tue Jun 14, 10:30AM CDT
The following statement is being issued by Levi & Korsinsky, LLP:
MITL: 7.05 (-0.16), PLCM: 12.28 (+0.03)
Mitel Reiterates Significant Acquisition Value and Upside to Polycom and Mitel Shareholders
GlobeNewswire - Wed Jun 08, 7:30AM CDT
Mitel (Nasdaq:MITL) (TSX:MNW) a global leader in real-time business, cloud and mobile communications, today reiterated the following statement in response to Polycom's Form 8-K regarding receipt of a revised non-binding proposal with no financing commitments from Sponsor 1.
MNW.TO: 9.25 (-0.12), MITL: 7.05 (-0.16)
Mitel Solidifies Investment in 5G Connectivity Initiative
GlobeNewswire - Tue Jun 07, 7:30AM CDT
-- New company focused on next generation customized wireless service to support Internet of Things and billions of devices
MNW.TO: 9.25 (-0.12), MITL: 7.05 (-0.16)
Red Funnel Wins Technology Partnership of the Year With Mitel Solution
GlobeNewswire - Mon Jun 06, 6:30AM CDT
-- Staff better able to deal with customer communications and provide proactive customer service
MNW.TO: 9.25 (-0.12), MITL: 7.05 (-0.16)
Branham Ranks Mitel #1 In Canada's Top Mobile Tech Companies List
GlobeNewswire - Thu Jun 02, 7:30AM CDT
-- Mitel's mobile innovations include the first commercial voice over LTE launch
MNW.TO: 9.25 (-0.12), MITL: 7.05 (-0.16)
Mitel to Present at Three Investor Conferences in June
GlobeNewswire - Wed Jun 01, 5:09PM CDT
Mitel(R) (Nasdaq:MITL) (TSX:MNW), a global leader in real-time business, cloud and mobile communications, today announced that members of its executive team will be participating at three investor conferences in June.
MNW.TO: 9.25 (-0.12), MITL: 7.05 (-0.16)
Mitel Named a Leader in Latest Gartner Magic Quadrant for UC for Midsize Enterprises, North America
GlobeNewswire - Wed Jun 01, 7:30AM CDT
-- For the second consecutive year, Gartner positions Mitel as a "Leader" in completeness of vision and ability to execute
MNW.TO: 9.25 (-0.12), MITL: 7.05 (-0.16)
POLYCOM INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Polycom, Inc.
PR Newswire - Tue May 31, 2:22PM CDT
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF"
are investigating the proposed sale of Polycom, Inc. ("Polycom" or the "Company" (NASDAQ: PLCM) to Mitel Networks Corporation (NASDAQ: MITL). Under the terms of the proposed transaction, shareholders of Polycom will receive only $3.12 in cash and 1.31 Mitel shares for each share of Polycom that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company. MITL: 7.05 (-0.16), PLCM: 12.28 (+0.03)
How are These Stocks Performing? - CommScope Holding, Knowles, Mitel Networks and Harmonic
PR Newswire - Fri May 27, 7:08AM CDT
Today's coverage brings us back to the fast-paced Technology sector, which presents various opportunities for many of investors. ActiveWallSt.com has lined up four names in the Communication Equipment industry today: CommScope Holding Co. Inc. (NASDAQ: COMM), Knowles Corp. (NYSE: KN), Mitel Networks Corp. (NASDAQ: MITL), and Harmonic Inc. (NASDAQ: HLIT). Get started today by signing up for our free alert service at:
COMM: 32.14 (-0.10), HLIT: 3.00 (+0.07), KN: 14.51 (+0.34), MITL: 7.05 (-0.16)
Telecom Stock Roundup: Verizon to Suffer from Workers' Strike, Polycom Receives New Takeover Bid
Zacks Equity Research - Zacks Investment Research - Thu May 26, 10:43AM CDT
The U.S. telecom industry remained rather subdued last week.
AMX: 12.29 (-0.01), LBTYA: 29.38 (+0.11), TI: 7.23 (+0.15), TEF: 9.47 (+0.10), MITL: 7.05 (-0.16), VZ: 55.93 (+0.03), PLCM: 12.28 (+0.03)
