KGP to acquire EMBARQ Logistics

19 Feb 2009
00:00

KGP Telecommunications has agreed to buy EMBARQ Logistics.

The terms of the sale were not disclosed, and the closing of the transaction - expected before the end of the first quarter - is subject to customary closing conditions and completion of financing arrangements.

Under the deal, KGP will provide certain logistics and supply chain services for EMBARQ's core telecommunications operation under a long-term commercial services agreement.

Following the closing of the transaction, KGP will be one of the US's largest single-source, value-added distributors of equipment and integrated solutions to the telecommunications industry.

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