This Week
  • Wilmorite hopes soon to win approval for $425M casino in Seneca County.

  • For startup companies, legal and accounting missteps can prove costly.

  • Architect David Hanlon has worked with some of the area's leading developers.

  • ID Signsystems Inc. has grown from a local company into an international business.

  • Robert Linton guides Jazz 90.1 through a new era in media.

  • The RBJ 75 supplement presents a list of the 75 largest private-sector employers.

Hubspoke Holdings acquires Veramark, names new leaders

Rochester Business Journal
July 23, 2013

Veramark Technologies Inc. is now a wholly owned subsidiary of Hubspoke Holdings Inc. and with new leadership.

The merger of the two companies was completed Monday, a filing by Veramark with the U.S. Securities and Exchange Commission states.

The transaction, at $1.18 a share of Veramark stock, involved 9.9 million tendered shares, the filing states.

The Henrietta telecommunications expense management firm’s common stock is suspended from trading on the over-the-counter bulletin board, and company officials have asked that the stock no longer be listed, the filing states.

Kevin Wood has been named president and CEO at Veramark, the filing states. He replaces Anthony Mazzullo.

Michael Mele has been named chief financial officer, the filing states. He replaces Ronald Lundy.

(c) 2013 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or email service@rbj.net.


What You're Saying 

There are no comments yet. Be the first to add yours!

Post Your Own Comment

 
Username:
Password:

Not registered? Sign up now!
 

To Do   Text Size
Post CommentPost A Comment eMail Size1
View CommentsView All Comments PrintPrint Size2
ReprintsReprints Size3
  • E-mailed
  • Commented
  • Viewed
RBJ   Google