Frontier Networks Acquires 10% of Radiant Shares

Frontier Networks Inc., a custom data and networking programs company based in Toronto, has acquired 10.4% of the common shares of Radiant Communications Corp., a Vancouver-based provider of managed network and cloud hosting solutions. Frontier made the buy in support of its previously-announced takeover offer, which countered a bid made by private equity investors Maxam Capital Corp. and PenderFund Capital Management.

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