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Boingo jumps 14% on $854M deal to be acquired by Digital Colony

Mar. 01, 2021 9:21 AM ETBoingo Wireless, Inc. (WIFI)By: Jason Aycock, SA News Editor1 Comment
  • Boingo Wireless (NASDAQ:WIFI) is up 14% premarket alongside its quarterly earnings and news that it will be acquired by Digital Colony in a go-private deal.
  • The $854M deal means Boingo shareholders will receive $14/share in cash, nearly a 23% premium to Friday's closing.

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Comments (1)

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ATLguy profile picture
Price seems a bit low; this was over $15 not long ago. Possibility of a counter offer? long

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