About This Deal
Dycom Industries acquired Point to Point Communications, Inc. (PTP) for approximately $65.3 million (about $52.2M cash plus 312,312 shares), a transaction completed in December 2000, structured as cash and stock.
Point to Point Communications, Inc. (PTP) operates in Telecommunications infrastructure services. One of the larger early acquisitions: Point to Point Communications was acquired in December 2000 for roughly $52.2 million cash and 312,312 Dycom shares, an aggregate of about $65.3 million before transaction costs.
Deal Terms
Acquirer
Dycom Industries
Target
Point to Point Communications, Inc. (PTP)
Value
Approximately $65.3 million (about $52.2M cash plus 312,312 shares)
Date
December 2000
Type
Full acquisition
Status
Ready
Transaction Details
Segment
Telecommunications infrastructure services
Structure
Cash and stock
Closed
December 1, 2000
Advisors
Advisory firms were not disclosed for this transaction.
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Sources:
Press release ↗
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