Dycom Industries acquired Point to Point Communications, Inc. (PTP) for approximately $65.3 million (about $52.2M cash plus 312,312 shares), a transaction completed in December 2000, structured as cash and stock.
Point to Point Communications, Inc. (PTP) operates in Telecommunications infrastructure services. One of the larger early acquisitions: Point to Point Communications was acquired in December 2000 for roughly $52.2 million cash and 312,312 Dycom shares, an aggregate of about $65.3 million before transaction costs.
Advisory firms were not disclosed for this transaction.