Covad Communications Group

 

Covad Shareholders Approve Platinum Takeover

Covad Communications Group Inc. stockholders have approved the companys $417 million takeover deal by Platinum Equity. An affiliate of Platinum Equity will buy all of Coads outstanding shares for the previously agreed upon price of $1.02 in cash, the companies said on Feb. 29. The FCC and two more state public utilities commissions still must […]

Inteligolfs Got Game

Eric Erickson of Qwest; Ira Globerson, an Intelisys sales partner; and Cody Calhoun of McGraw Communications all concentrate on Iras putt. Inteligolf attendees pack the Supplier Fair show floor. Inteligolf participants enjoy the beautiful weather at Michel-Schlumberger Wines in Healdsburg. The Eighth Annual Inteligolf Wine & Business Fair, held last fall, in Santa Rosa, Calif., […]

Covad Goes Private

An ongoing lack of profitability and problems provisioning its hosted VoIP services are two likely reasons Covad Communications Group has agreed to be bought by Platinum Equity, a private equity firm, analysts say. The companies said on Oct. 29, Platinum Equity will pay $1.02 per share, or approximately $304 million in cash, for Covad; the […]

Platinum Equity Buys Covad

An ongoing lack of profitability and problems provisioning its hosted VoIP services are two likely reasons Covad Communications Group has agreed to be bought by Platinum Equity, a private equity firm. The companies said on Monday Platinum Equity will pay $1.02 per share, or approximately $304 million in cash for Covad; the terms represent a […]

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