Arch Communications and MobileMedia in Negotiations For Merger

PR Newswire | August 19, 1998 | Copyright

WESTBOROUGH, Mass., and FORT LEE, N.J., Aug. 19 /PRNewswire/ -- Arch Communications Group, Inc. (Nasdaq: APGR) and MobileMedia Corporation announced that they are in negotiations regarding a definitive merger agreement for Arch to acquire MobileMedia in a transaction that would create the nation's second largest paging company with more than seven million customers throughout the United States. The companies indicated that, while negotiations are in the final stages, no assurance can be given that a definitive agreement will be signed.

The transaction, if ...

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