West Corp. to pay $465 mil for Longmont-based Intrado

LONGMONT – Intrado Inc. (Nasdaq:TRDO) has agreed to be purchased by West Corp. (Nasdaq:WSTC) for $465 million.

Intrado shareholders will receive $26 per share in the all-cash deal, said David Whitten, Intrado’s vice president of corporate development and strategy.

The acquisition is expected to close by the end of the second quarter, funded with cash on hand, West’s existing bank credit facility and additional debt. Closing is subject to Intrado shareholder approval and customary closing conditions.

Longmont-based Intrado is a provider of 911 infrastructure systems and services for telecommunications providers and public safety organizations. The company has a total of 790 employees…