Vonage Stock Soars on $6.2 Billion Deal to Be Bought by Ericsson

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https://www.barrons.com/articles/vonage-vg-stock-ericsson-cloud-acquisition-51637572752

Updated Nov. 22, 2021 5:59 americium ET / Original Nov. 22, 2021 4:21 americium ET

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Shares of Vonage, the cloud-based telecom company, soared successful premarket trading Monday aft agreeing to beryllium acquired by Ericsson for $21 a stock successful cash.

The companies, successful a connection Monday, said the woody had an endeavor worth of $6.2 billion.

Vonage (ticker: VG) roseate astir 28% to $20.95 successful premarket trading. The banal closed Friday at...

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