Mobilicity Acquisition by TELUS Approved by Court

The pending acquisition of Mobilicity (a.k.a. Data & Audio-Visual Enterprises Wireless Inc.) by Canadian telecommunications company TELUS Corp. has been approved by the Ontario Superior Court of Justice, bringing the $380 million deal closer to fruition. Mobilicity has been backed by U.S. private equity firm Quadrangle Capital Partners since 2008.

31 May 2013•2 mins read
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