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05 Aug 2009
According to channel speculation, telecoms firm Daisy could be set to top off a busy week by closing a third acquisition in as many days.
Sources have indicated to CRN that another buy-out is set to be announced before the end of this week. Speculation suggests part of IT and telecoms integrator Redstone could be a possible target.
Yesterday the company bought resale and services firm ATC and VAR Eurotel for a combined cash price of more than £20m. After being founded in 2001, Daisy closed its first acquisitions in 2004 and has since sealed more than 20 buy-outs.
Further reading
Both Daisy and Redstone were unavailable for comment. Follow Channelweb for all developments.
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