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Lumos To Be Acquired By Swedish Investment Firm For $950 Million

 
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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