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Broadband Service Providers Grande & ClearSource to Merge
AUSTIN, TEXAS -- Grande Communications and ClearSource have agreed to merge their broadband service provider operations in a stock-swap. The merged company will be known as Grande Communications and will operate out of Grande's headquarters in San Marcos, Texas. The two companies have collectively raised $517 million to date. Full financial terms of the deal, which is expected to close within 60 to 120 days, were not disclosed. [full story]
http://www.clearsource.com
http://www.grandecom.com