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NEW YORK, Feb. 13, 2019 /PRNewswire/ -- Pareteum Corporation (Nasdaq: TEUM), a rapidly growing global cloud software communications platform company with a mission to connect "every person and every(thing)," announced today that it has accepted for exchange all shares of iPass Inc. (IPAS), a provider of global mobile connectivity, and location and performance data ("iPass"), validly tendered in the previously announced tender offer by a wholly-owned subsidiary of Pareteum to acquire all of the outstanding shares of iPass for the agreed consideration of 1.17 shares of Pareteum stock for each share of iPass. The shares accepted represent approximately 66.78% of iPass's outstanding shares of common stock. The tender offer expired at 5:00 pm, New York City time, on February 12, 2019.
NEW YORK, Jan. 14, 2019 /PRNewswire/ -- Pareteum Corporation (Nasdaq: TEUM), a cloud software platform company, announced today that it has extended the offering period of its previously announced tender offer to purchase all outstanding shares of iPass Inc. (IPAS), a provider of global mobile connectivity, and location and performance data, due to unexpected government closure causing delays with Pareteum's registration statement. The tender offer is being made pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of November 12, 2018, by and among Pareteum Corporation ("Pareteum"), iPass Inc. ("iPass") and TBR, Inc., a wholly-owned subsidiary of Pareteum ("TBR").
NEW YORK, NY / ACCESSWIRE / December 7, 2018 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New ...