Lumos To Be Acquired By Swedish Investment Firm For $950 Million
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| Clifton Forge, VA (Feb. 21, 2017) - Virginia Business magazine just reported that a tech firm which serves thousands of customers in the Alleghany Highlands region will be purchased by a Swedish investment firm for $950 million.
Here is the direct link to that story: Lumos To Be Acquired By Swedish Investment Firm
Shareholders apparently will get $18 in cash for each share of Lumos stock. That represents more than an 18% premium on the $15.23 price of the stock on February 17th. | | | |
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