Onvia.com, Inc. repurchases 1.2M shares from Symphony Technology Group

theflyonthewall.com

Onvia (ONVI) announced that it has entered into a definitive agreement to repurchase shares of its common stock from Symphony Technology Group and certain affiliates thereof. Under the terms of the agreement, Onvia has repurchased from Symphony and certain affiliates thereof, in a private, non-underwritten transaction, 1,242,781 shares of Onvia's common stock at a price of $3.50 per share for a total purchase price of approximately $4.3M.

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