Boingo Wireless downgraded by Northland Securities
$WIFI
Telecommunications Equipment
Consumer Services
Northland Securities downgraded Boingo Wireless from Outperform to Market Perform
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ROTH Capital downgraded Boingo Wireless from Buy to Neutral and set a new price target of $14.00 from $17.00 previously
Jefferies Financial Group resumed coverage of Boingo Wireless with a rating of Hold and set a new price target of $14.00
Jefferies downgraded Boingo Wireless from Buy to Hold and set a new price target of $14.00
Highlights Well-Rounded Slate's Capital Allocation Acumen, Corporate Governance Experience, Relevant Sector Backgrounds, Transaction Expertise and Sorely Needed Ownership Perspectives Reiterates Its View That Stockholders Deserve New Leadership Following Years of Value Destruction Under Chair Michael Roth (26+ Years of Board Service) and CEO Marc Lautenbach (10+ Years of CEO and Board Service) Urges the Board to Avoid Initiating a Reactionary Director Refreshment or Employing Entrenchment Maneuvers to Insulate Messrs. Roth and Lautenbach Hestia Capital Management, LLC (collectively with its affiliates, "Hestia" or "we"), which is the third largest stockholder of Pitney Bowes, Inc. (NYSE:
Boingo Wireless, Inc. ("Boingo" or "the Company") (NASDAQ:WIFI), the leading distributed antenna system ("DAS") and Wi-Fi provider that serves carriers, consumers, property owners and advertisers worldwide, and an affiliate of Digital Colony Management, LLC ("Digital Colony") today announced that funds managed by affiliates of Digital Colony completed their acquisition of Boingo. The transaction, which was previously announced on March 1, 2021, valued Boingo at approximately $854 million, including the assumption of $199 million of Boingo's net debt obligations. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210602005649/en/ Unde
− Awarded contract with Rockefeller Center to design, install and manage a Wi-Fi 6 network − Pending acquisition by Digital Colony for approximately $854 million expected to close in the second quarter of 2021 Boingo Wireless (NASDAQ:WIFI), the leading distributed antenna system ("DAS") and Wi-Fi provider that serves carriers, consumers, property owners and advertisers worldwide, today announced the Company's financial results for the first quarter ended March 31, 2021. Management Commentary "Our first quarter adjusted EBITDA increased 13.9% year-over-year to $21.3 million despite revenue being consistent with the prior year period," commented Mike Finley, Chief Executive Officer, Boing
Highlights Well-Rounded Slate's Capital Allocation Acumen, Corporate Governance Experience, Relevant Sector Backgrounds, Transaction Expertise and Sorely Needed Ownership Perspectives Reiterates Its View That Stockholders Deserve New Leadership Following Years of Value Destruction Under Chair Michael Roth (26+ Years of Board Service) and CEO Marc Lautenbach (10+ Years of CEO and Board Service) Urges the Board to Avoid Initiating a Reactionary Director Refreshment or Employing Entrenchment Maneuvers to Insulate Messrs. Roth and Lautenbach Hestia Capital Management, LLC (collectively with its affiliates, "Hestia" or "we"), which is the third largest stockholder of Pitney Bowes, Inc. (NYSE:
SC 13G/A - BOINGO WIRELESS, INC. (0001169988) (Subject)
SC 13G/A - BOINGO WIRELESS, INC. (0001169988) (Subject)
SC 13G/A - BOINGO WIRELESS, INC. (0001169988) (Subject)
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4 - BOINGO WIRELESS, INC. (0001169988) (Issuer)
4 - BOINGO WIRELESS, INC. (0001169988) (Issuer)
15-12B - BOINGO WIRELESS, INC. (0001169988) (Filer)
8-K - BOINGO WIRELESS, INC. (0001169988) (Filer)
S-8 POS - BOINGO WIRELESS, INC. (0001169988) (Filer)