Source: The Business Journals

SharedLabs: SharedLabs merger meant to take company public falls through

SharedLabs Inc. will no longer be acquiring Colorado-based Glowpoint Inc., a merger that would have made SharedLabs a publicly traded company. Glowpoint announced a termination agreement Monday. The move comes two weeks after Glowpoint gave notice that SharedLabs had breached "certain of its agreements and representations and warranties" laid out in the merger agreement the companies signed last year, according to Glowpoint's press release. No further details on the breach were included in the...

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Est. Annual Revenue
$25-100M
Est. Employees
100-250
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