Cogeco Cable To Acquire PEER 1 Network Enterprises

BY: 

Dave Forde
December 21, 2012

Cogeco Cable has announced plans to PEER 1 Network Enterprises,  PEER 1 shareholders will receive $3.85 in cash per share valuing PEER 1’s equity at approximately $526 million on a fully diluted basis and its enterprise value at approximately $635 million.  PEER 1 offers managed hosting, dedicated servers, cloud services and colocation.

The deal will be subject to final approval from the Board of Director of Peer 1.

 

 

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Dave Forde


Dave “The Connector” Forde has been involved in the marketing, public relations and technology industry across Canada for over 20 years in various sales and marketing roles, he launched The Connected One network of business sites which connects buyers to the right sellers. Profectio and PR In Canada covers news about the marketing and public relations industry each day helping professionals advance their career and businesses. He also serves as an advisor to a number of businesses across the country. Find Dave on LinkedIn and Twitter.


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