TRANSACTION DETAILS  
     


Client: AmeriConnect, Inc. (Nasdaq:AMCT)
Transaction: Sale to Phoenix Network, Inc. (AMEX:PHX)
Industry: Services - Telecommunications
Service: Sell-Side Advisory
Owner: Publicly Traded
Details: AmeriConnect, Inc. (Nasdaq:AMCT) was acquired by Phoenix Network, Inc. (AMEX:PHX), a San Francisco-based long distance reseller and provider of value-added telecommunications services. AmeriConnect operated as a non-facilities based long-distance reseller. Phoenix Network's merger with AmeriConnect united the two oldest publicly traded entrants into the non-facilities based long-distance resale industry.

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