Black Box Corporation Announces Merger With Coast to Coast Communications, Inc.Business Editors PITTSBURGH--(BUSINESS WIRE)--March 30, 2000 Black Box Corporation (Nasdaq:BBOX) today announced a merger with Coast to Coast Communications, Inc. Established in 1981 in Sarasota, Florida Sarasota is a city located in Sarasota County on the central west coast of Florida, USA. Its official limits include Sarasota Bay and several barrier islands between the bay and the Gulf of Mexico. , privately-held Coast to Coast provides technical design, installation and maintenance services for premise cabling and related products to customers primarily in the greater Sarasota Sarasota (sâr'əsō`tə), city (1990 pop. 50,961), seat of Sarasota co., SW Fla., on Sarasota Bay; settled c.1884, inc. 1914. and Ocala, Florida Ocala is a city in Marion County, Florida, United States. As of 2004, the population recorded by the U.S. Census Bureau is 48,901.[1] It is the county seat of Marion CountyGR6. regions. Annual revenues of Coast to Coast are approximately $3 million. Commenting on the merger, Kevin KEVIN Keepers of the Eternal Vigilance of the Islamic Nation (fictional, from White Teeth by Zadie Smith) M. Grover, President of Black Box Network Services - Florida Florida, state, United States Florida (flôr`ĭdə, flŏr`–), state in the extreme SE United States. A long, low peninsula between the Atlantic Ocean (E) and the Gulf of Mexico (W), Florida is bordered by Georgia and Operations, said, "Coast to Coast has a history of quality and service that will complement our Florida operation. The addition of their team will be a win-win for their existing customers and Black Box Network Services. Coast to Coast has excellent leadership, tremendous industry experience and a customer reputation of being the best." Irving J. Benzing, Jr., President and owner of Coast to Coast Communications, said, "This is a great opportunity for all of our long term customers and employees. Joining the Black Box family will insure Insure can mean:
This transaction is being accounted for as a purchase. The purchase price has not been disclosed. Black Box is a leading worldwide technical service provider of computer communications and networking services and related products to businesses of all sizes, operating in 77 countries throughout the world. |
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