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RingCentral names adviser after takeover interest - report

Friday 11 August 2017 | 10:02 CET | News

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Unified communications provider RingCentral is working with an adviser after receiving takeover interest, people familiar with the matter told Bloomberg. Interest may be from private equity firms or other cloud communciations providers, two sources said. The company's shares rose 10 percent after the report, giving it a market capitalisation of around USD 3 billion. RingCentral declined to comment.

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Categories: Fixed
Companies: RingCentral
Countries: World
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