KORE to List on NYSE through Merger with Cerberus Telecom Acquisition Corp. (CTAC)
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Kore Wireless to Go Public in $1 Billion Deal with Cerberus Telecom Acquisition Corp. (CTAC) - Bloomberg
March 12, 2021 4:07 PM EST(Updated - March 12, 2021 4:09 PM EST)
Kore Wireless has agreed to go public through a blank-check company backed by private equity firm Cerberus Capital Management, according to Bloomberg, citing a statement.
The deal with Cerberus Telecom Acquisition Corp. (NYSE: CTAC) values the combined company at about $1 billion, including debt.
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