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Talk America (TALK) announced today that it has entered into a definitive agreement to acquire Network Telephone Corporation, a leading facilities-based communications provider serving business customers in the BellSouth region. The merger will extend Talk America's networking footprint to the Southeast and add significantly to its commercial services capabilities. The transaction will also allow Talk America to realize capital expenditure savings and networking synergies in the Atlanta market, where NTC has 22 end offices and Talk America has over 25,000 customers.

Who now knows what TALK plans to do with all that cash...
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