Pareteum Corp (TEUM) PT Raised to $6 at Lake Street Capital Markets

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Go back to Pareteum Corp (TEUM) PT Raised to $6 at Lake Street Capital Markets

Aegis Capital Downgrades iPass Inc. (IPAS) to Hold, After Takeout Bid

November 13, 2018 11:46 AM EST

Aegis Capital downgraded iPass Inc. (NASDAQ: IPAS) from Buy to Hold.

For an analyst ratings summary and ratings history on iPass Inc. click here. For more ratings news on iPass Inc.... More

Pareteum Corporation (TEUM) Reports Acquisition of iPass Inc.

November 13, 2018 5:50 AM EST

Pareteum Corporation (NASDAQ: TEUM) and iPass Inc. (NASDAQ: IPAS) and location and performance data, today announced that they have entered into a denitive agreement under which Pareteum will acquire iPass in an all-stock transaction whereby iPass shareholders will receive 1.17 shares of Pareteum common stock in an exchange offer.

With this accretive acquisition, Pareteum expects to gain a strategic position with new marquee brands and new markets including the enterprise, airline, hospitality, retail and internet of things (IoT) sectors. Pareteum expects to strengthen its established... More