AGC Partners Advises EasyLink Services on its Sale to ICC
Transaction Details
America's Growth Capital is pleased to announce that its client, EasyLink Services Corporation (EasyLink) (NasdaqCM:EASY), a leading global provider of outsourced business process automation services, has signed a definitive agreement to be acquired by Internet Commerce Corporation (ICC) (NasdaqCM:ICCA), a leader in providing business-to-business e-commerce solutions. Under the terms of the agreement, ICC will pay $5.80 per share in cash in exchange for each share of EasyLink, for an aggregate purchase price of approximately $67 million. When America's was hired in December of 2006, EasyLink's stock was trading at $2.55 per share. This acquisition price represents a 127% increase. With a team led by Ben Howe and Rudy Minar, America's was sole financial advisor to EasyLink.
Testimonial
We are pleased with the deal; the team at AGC did a great job in helping us explore our alternatives and getting us to a transaction that is in the best interest of our customers, employees and shareholders.
Related Transactions
Related Insights
© In the U.S., America’s Growth Capital, LLC dba AGC Partners, member FINRA/SIPC. In Europe, America’s Growth Capital Europe, LLP (Appointed Representative Alternatives St. James, LLP which is authorized and regulated by the Financial Conduct Authority). America’s Growth Capital Europe, LLP is a Limited Liability Partnership incorporated in England and Wales (OC368580). Its registered address is 6th Floor, 9 Appold Street, London EC2A 2AP. The testimonials contained herein may not be representative of the experience of other customers or clients. Testimonials are no guarantee of future performance or success. Deals marked with an “*” are non-AGC deals.
