YOU ARE AT:Archived ArticlesMETROCALL TO ACQUIRE PARKWAY PAGING INC.

METROCALL TO ACQUIRE PARKWAY PAGING INC.

ALEXANDRIA, Va.-Metrocall Inc. said it has signed a definitive purchase agreement to acquire all of Parkway Paging Inc.’s stock. Metrocall said the total purchase price will be about $28 million and will consist of cash and up to 51 percent stock at Parkway’s choice.

Metrocall said the acquisition will add about 140,000 subscribers to its customer base, primarily in the Dallas/Fort Worth market.

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