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Fiber Tower and First Avenue Networks Announce Merger

May 15th, 2006 · Comments

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Firstavenuelogo Fibertowerlogo

The definitive agreement to combine the two companies in an all-stock transaction valued at approximately $1.5 billion. The combined company will be named FiberTower Corporation.
First Ave up 25% to $12.04 on volume of 1.2 million shares.

Press Release.

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