Cbeyond, Inc. Announces Closing of Secondary Offering and Exercise of Over-Allotment Option.ATLANTA -- Cbeyond, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CBEY CBEY Center for Business and the Environment at Yale ), a managed services An umbrella term for third-party monitoring and maintaining of computers, networks and software. The actual equipment may be inhouse or at the third-party's facilities, but the "managed" implies an ongoing effort; for example, making sure the equipment is running at a certain quality provider that delivers integrated packages of voice, mobile and broadband services to small businesses, announced today that it has closed its previously announced secondary offering of 4,907,179 shares, including 640,066 shares sold pursuant to the underwriters' exercise of the over-allotment option granted by the selling stockholders. The shares were sold by the selling stockholders at $26.75 per share. Cbeyond did not issue any new shares of common stock or receive any proceeds from the sale of these shares. J.P. Morgan Securities Inc. and Deutsche Bank Securities Inc. acted as joint book-running managers for the offering. A copy of the prospectus relating to these securities may be obtained from J.P. Morgan Securities Inc., Prospectus Department, 4 Chase Metrotech Center, CS Level, Brooklyn, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of 11245 (telephone 718-242-8002) or Deutsche Bank Securities Inc., Prospectus Department, 1251 Avenue of the Americas, 25th Floor, New York, New York 10020 (telephone 800-503-4611). About Cbeyond Cbeyond (NASDAQ: CBEY) is an Atlanta-based managed services provider that delivers integrated packages of voice, mobile and broadband services to small businesses in Atlanta, Chicago, Dallas, Denver, Houston and Los Angeles. Cbeyond offers core communications services such as local and long-distance voice, mobile and broadband Internet access Broadband Internet access, often shortened to just "broadband", is high speed Internet access—typically contrasted with dial-up access over modem. Dial-up modems are generally only capable of a maximum bitrate of 56 kbit/s (kilobits per second) and require the full use of a along with enhanced applications, including voicemail, email, Web hosting, fax-to-email, data backup, file-sharing, VPN (Virtual Private Network) A private network that is configured within a public network (a carrier's network or the Internet) in order to take advantage of the economies of scale and management facilities of large networks. and more. Cbeyond manages these services over a private, 100-percent Voice over Internet Protocol (VoIP) facilities-based network. For more information on Cbeyond, visit www.cbeyond.net. CBEY-F CBEY-G |
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