Communications Business – Inorganic Growth
https://blogs.451research.com/techdeals
The 451 Take on Tech M&AFri, 06 Mar 2020 21:03:15 +0000en-UShourly1https://wordpress.org/?v=Jamba signs off
http://blogs.451research.com/techdeals/technology-stocks/verisign-jamba/
Tue, 07 Oct 2008 21:38:34 +0000http://blogs.451research.com/techdeals/?p=126Continue reading Jamba signs off→]]>VeriSign finally washed its hands of ousted CEO Stratton Sclavos’ failed attempt to enter the consumer segment. It sold off its remaining stake in Jamba to NewsCorp for approximately $200m today. This is likely in preparation for a complete divesture of its Communications Business segment that Jamba belonged to. We expect the divesture will be announced before or at the company’s upcoming Q3 Earnings Report on November 6th.
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