Vonage Does An About Turn
The Wall Street Journal
This is quite a change from its now alleged stance a couple of days ago. This will just serve to alienate its customers even more. Wonder how this rumor even got started? Let me paraphrase the good ol WSJ
But CNBC yesterday reported Vonage issued the network a statement on Sunday stating that it wanted to avoid “alienating” its customers. If “certain” customers who refused to buy the shares didn’t pay, Vonage expects “to repurchase shares from the underwriters if necessary,” CNBC reported.
So I guess CNBC started it.
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