Vonage (NASDAQ: VG) Price is Jumping After News of Ericsson (NASDAQ: ERIC) Acquisition

Ericsson receives regulatory approval to complete acquisition of Vonage

Ericsson (NASDAQ: ERIC) today announced that it has received clearance from the Committee on Foreign Investments in the United States (CFIUS) to complete its acquisition of Vonage Holdings Corp. (NASDAQ: VG) (“Vonage”). This represents the final requisite approval to complete the deal. The parties now expect the Merger to close no later than July 21, 2022, as provided for in the Merger Agreement.

https://www.ericsson.com/en/press-releases/2022/7/ericsson-receives-regulatory-approval-to-complete-acquisition-of-vonage#:~:text=Ericsson%20(NASDAQ%3A%20ERIC)%20today,)%20(%E2%80%9CVonage%E2%80%9D).