NEWS Metrocall acquires Parkway Paging
Metrocall, Alexandria, VA, has completed its acquisition of Parkway Paging, Plano, TX. The purchase price was about $28 million in cash. Parkway Paging has about 140,000 subscribers throughout Texas. Metrocall continues to pursue aggressive acquisitions to build its subscribers base. Over the next several quarters, Metrocall plans to close acquisitions putting it at about 2.2 million subscribers on a pro forma basis.