May 10, 2018 / 11:05 AM / 5 months ago

BRIEF-Fusion Announces Definitive Agreement To Acquire Megapath

May 10 (Reuters) - Fusion Connect Inc:

* FUSION ANNOUNCES DEFINITIVE AGREEMENT TO ACQUIRE MEGAPATH

* FUSION CONNECT INC - TOTAL CONSIDERATION IN TRANSACTION IS $71.5 MILLION

* FUSION CONNECT - UP TO $10 MILLION OF CONSIDERATION IS PAYABLE AT FUSION’S ELECTION IN UNREGISTERED SHARES OF FUSION STOCK PRICED AT $5.78/SHARE

* FUSION CONNECT INC - INTENDS TO FUND CASH PORTION OF CONSIDERATION VIA BORROWINGS UNDER ITS FIRST LIEN SENIOR SECURED CREDIT FACILITY Source text for Eikon: Further company coverage:

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