Comverge agrees to $49 million buyout
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Comverge agrees to $49 million buyout

New York City : NY : USA | Mar 26, 2012 at 1:18 PM PDT
Source: Denver Post
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Font Resize Comverge Inc. has agreed to a roughly $49 million buyout with private equity firm H.I.G. Capital in a deal the energy management company said solves its "immediate" need for capital. The deal offers Comverge shareholders $1.75 a share, a 6.9 percent discount to its Friday closing price... FULL ARTICLE AT Denver Post
 
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