stanley

 

Private Equity Firm Buys Stake in Integra

Private equity firm Warburg Pincus will invest at least $245 million to obtain a substantial equity interest in Integra Telecom Inc. The proceeds from the transaction will be paid to existing Integra investors in exchange for outstanding shares, Integra said. Integra Telecom will continue to operate as a privately held company and will not raise […]

TelePacific to Buy Mpower for $204 Million

California-based CLEC TelePacific Communications is buying Mpower Communications Corp. TelePacific, which is privately held, will pay approximately $204 million, or $1.92 in cash, per Mpower share. The deal will be financed by Credit Suisse and Bank of America, and is expected to close in the third quarter. TelePacific traditionally has served California and the Las […]

Workshop Shows Alliance Members How to Boost Finances, Retain Workers

CompTel/ASCENT Alliance members today will learn more about the services the Alliance announced last year in partnership with Morgan Stanley. The Investment Management & Employee Benefit Services workshop will teach companies how they can use Morgan Stanley’s expertise to improve their financial positions, and attract and keep employees. Alliance officials say the arrangement with Morgan […]

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