Sunstone Hotel Investors Inc. (NYSE: SHO) will replace Vonage Holdings Corp. (NASD:VG) in the S&P SmallCap 600 effective prior to the opening of trading on Thursday, July 21.
Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) received clearance from the Committee on Foreign Investments in the U.S. to complete its acquisition of Vonage Holdings…
Ericsson (NASDAQ: ERIC) today announced that it has received clearance from the Committee on Foreign Investments in the United States (CFIUS) to complete its acquisition of Vonage Holdings Corp. (NASDAQ: VG) ("Vonage").
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According to Benzinga Pro data, during Q1, Vonage Hldgs (NASDAQ:VG) posted sales of $358.83 million. Earnings were up 22.7%, but Vonage Hldgs still reported an overall loss of $17.12 million.
As previously reported, on November 22, 2021, Vonage Holdings Corp. (“the Company”) entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Telefonaktiebolaget LM Ericsson