“The Fusion transaction represents the final chapter of a process that optimized the value of MegaPath through three separate deals that yielded well over $300 million for our stakeholders. Bank Street orchestrated a multi-pronged exercise that provided our Board with complete visibility into the full range of strategic options available to the Company. Throughout the process, the team at Bank Street demonstrated their familiarity with all the logical counterparties in the ecosystem, as well as their ability to successfully market, negotiate and execute sophisticated transactions. In addition, Bank Street’s experience and creativity in navigating the complexities around each component transaction involved in the company separations, ranging from transition service arrangements to tax implications related to the structuring and sequencing of the transactions, were instrumental to the ultimate success of the process. Bank Street’s dedication to its clients has once again delivered a tremendous outcome for our shareholders.” D. Craig Young Chairman & Chief Executive Officer MegaPath Holding Corporation |