PSINet will buy adviser Metamor for $1.9 billion

Article Abstract:

PSINet Inc. will acquire Metamor Worldwide Inc. for $1.9 billion (1.97 billion euros). The deal comes out to approximately $45 per share.

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NTT plans to buy rest of Verio for over $5 billion

Article Abstract:

Nippon Telegraph & Telephone Corp. (NTT) will acquire the majority share of Verio Inc. that it does not already own. NTT will acquire 90% of Verio for over $5 billion (5.57 billion euros) in cash.

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PSInet to acquire Transaction Network

Article Abstract:

PSInet Inc. announced that it has signed a definitive agreement to acquire Transaction Network Services Inc. The transaction will have a value of $720 million (675.3 million euros). This comes out to $45.28 per share. The deal will be a cash and share transaction. PSInet could establish a major presence in the rapidly-expanding electronic commerce industry as a result of the acquisition.

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