VG News and Press, Vonage Holdings Corp. From 11/22/21

$6.2 billion deal approved by both boards. Price is a bit of a disappointment but still about 50% gain from original write up. Possible but unlikely another bidder comes in. For further details see: Vonage: $21/Share Takeover From Ericsson

Ericsson ( NASDAQ: ERIC ) has agreed to purchase Vonage Holdings ( NASDAQ: VG ) for roughly $6.2 billion, or $21 per share. Vonage’s Board of Directors unanimously approved this merger agreement. The transaction strengthens Ericsson’s intent to broaden its ...

Gainers: iSpecimen (NASDAQ:ISPC) +85%. Navitas Semiconductor (NYSE:NVTSW) +29%. Vonage (NASDAQ:VG) +26%. Astra (NASDAQ:ASTR) +25%. Avaya (NYSE:AVYA) +25%. Lee Enterprises (NASDAQ:LEE) +24%. Cloopen Group (NYSE:RAAS) +24%. MultiPlan (NYSE:MPLN) +23%. Partner (NASDAQ:PTNR) +20%. Camber Energy (...

Swedish telecom equipment giant LM Ericsson (NASDAQ: ERIC) is buying cloud-based communications veteran Vonage (NASDAQ: VG) in a blockbuster $6.2 billion deal. This is a landmark event in many ways, stretching beyond its impact on Vonage and Ericsson. Ericsson's offer am...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips PainReform (NASDAQ: PRFX ) stock is on the move Monday with heavy trading despite a lack of news coming from the medical device company. Source: Shutterstock Instead, it looks like traders on social media ha...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips iSpecimen (NASDAQ: ISPC ) stock is on the move Monday after announcing partnerships with the U.S. Government and private researchers for Covid-19 research. Source: Shutterstock.com First off, note that iSpecim...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips AMC Entertainment (NYSE: AMC ) stock is on the rise Monday and we’re diving into the most recent price predictions investors need to know about. Source: Helen89 / Shutterstock.com But before we get too ...

3 Penny Stocks to Watch in November 2021 As we enter another week of trading penny stocks and blue chips, investors are excited for what the future could hold. Given that this is a short trading week with the market closed on Thursday and a half-day on Friday, investors will have to fit...

The stock market has delivered some amazing performance lately, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) has taken full advantage, rising to all-time record levels. The bull run in the Nasdaq looked ready to continue on Monday morning, as Nasdaq futures were up 60 points to...

Vonage (NASDAQ:VG) took the spotlight at the start of a holiday-shortened weak on Monday, soaring in pre-market trading on news of a takeover deal worth more than $6B. The cloud communication provider agreed to be purchased by Ericsson (NASDAQ:ERIC). Zhihu (NYSE:ZH) climbed before the bell, p...