$DTGI anticipates producing nearly 20% in operat
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Posted On: 09/26/2019 12:35:56 PM
$DTGI anticipates producing nearly 20% in operational EBITDA with synergies derived from the combined operation. Nexogy's business model is supported by strong and predictable recurring revenue under long-term contracts and high gross margins of 75%+. Debt financing for the transaction has been committed by an established and traditional lending source and is expected to close in approximately ninety (90) days, subject to FCC regulatory approval. Nexogy, Inc. being acquired by Digerati (DTGI) https://finance.yahoo.com/news/nexogy-inc-bei...00997.html
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