Allegiant: Allegiant Networks Deal Boosts Crexendo's Momentum With 19% Weekly Gain
Discusses the recent acquisition and provides an update on the company On Friday morning, cloud based telco services and software small cap Crexendo (NASDAQ:CXDO) announced to investors that they had entered an agreement to acquire Allegiant Networks LLC. News of the deal sent CXDO shares 8.7% higher over in trading on Friday and brought the [...]
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Allegiant is a Kansas-based consulting firm that provides services such as network infrastructure, application integration and IT support for enterprises.
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