Monday, April 14, 2008

Platinum Equity Completes Acquisition of Covad

Platinum Equity completed its acquisition of Covad Communications for approximately $470 million. The acquisition was a public-to-private transaction in which an affiliate of Platinum Equity acquired all outstanding shares of Covad stock for $1.02 per share in cash. The company previously traded on the American Stock Exchange under the ticker symbol DVW.
http://www.covad.com

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