Connect with us

Tampa telecommunications giant Syniverse to go public, enters merger agreement

August 17, 2021 - Tampa-based telecommunications company Syniverse announced Tuesday morning it has entered into a merger agreement with M3-Brigade Acquisition II Corp. (NYSE: MBAC). The transaction would value Syniverse at $2.85 billion, according to a Syniverse press release. Institutional investors have also committed to participate in the transaction through Private Investment in Public Equity (PIPE) commitments totaling $265 million. It's expected to close by the end of the year. After the closing, Syniverse would be listed on the New York Stock Exchange under the ticker “SYNV.”

More Zaps Frontpage

The St. Pete Catalyst

The Catalyst honors its name by aggregating & curating the sparks that propel the St Pete engine.  It is a modern news platform, powered by community sourced content and augmented with directed coverage.  Bring your news, your perspective and your spark to the St Pete Catalyst and take your seat at the table.

Email us:

Subscribe for Free

Share with friend

Enter the details of the person you want to share this article with.