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On the Vonage IPO
by: The Stalwart
October 03, 2005
The blog alarm:clock asks:
Lightreading gets some of the bankers to acknowledge that they think M&A is a better route than IPO. They think they could get a $1.5B sale. Why so much less than Skype at $2.6B plus much more in incentives?
Says The Stalwart: Perhaps because Skype already makes the Vonage model obsolete. Question, answered.
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