Webdiplomacy merges with Playdip and Verizon
Posted: Thu Apr 01, 2021 2:20 am
On April 1, 2021 Webdiplomacy said Wednesday it officially completed the merger with Playdip and Sprint, solidifying its position as the No.3 wireless provider in the US.
Webdiplomacys longtime chief executive is stepping down from his position effective immediately as part of the deal. He will receive a substantial buyout with stock option.
He was originally set to leave at the end of April, with Playdips president, as his successor. He will serve on Verizons board of directors.
The combined company will now operate under the Verizon name and will trade on the NASDAQ as “TMUS.”
Webdiplomacys longtime chief executive is stepping down from his position effective immediately as part of the deal. He will receive a substantial buyout with stock option.
He was originally set to leave at the end of April, with Playdips president, as his successor. He will serve on Verizons board of directors.
The combined company will now operate under the Verizon name and will trade on the NASDAQ as “TMUS.”