Pending Merger Reorganization and Special Dividend on Agenda- Technical Traders Taking Interest; eOn Communications Analyst Report by BrokerBank Securities, Inc.
NEW YORK, May 20, 2014 /PRNewswire/ -- eOn Communications Corporation (NASDAQ: EONC) is a provider of telecommunications solutions in North America, Puerto Rico, and the Virgin Islands. The company operates in two segments, Telephony Products and Puerto Rico. It offers corded and cordless analog and digital telephones operating in the multiple PBX, Key System, and Centrex environments; session initiation protocol VoIP telephones, and IP based access control and paging products. The company is also involved in the design, implementation, and maintenance of solutions in the areas of voice, data center, and security; and resale of telephone lines, Internet access, disaster recovery, business continuity, and private cloud computing solutions.
A pending merger and special dividend has initiated an analyst report. The company has chosen May 23, 2014 as the date of record for the special dividend. As a result all stockholders of record will be paid within three business days after the closing of the merger.
The special meeting of eOn stockholders is scheduled to be held at the offices of the Company at 1703 Sawyer Road Corinth, MS 38834-6338 on June 3, 2014 at 10:00 a.m. central time. The full meeting agenda is detailed in the Definitive Proxy Statement/Prospectus being mailed to all stockholders of record as of the close of business on the record date.
A full in-depth analyst report on EONC that includes analyst recommendation, technical chart analysis, review of current business structure, proposed merger, financial overview and rick factors can be viewed by using the following link at no cost:
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SOURCE BrokerBank Securities, Inc.
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