Speakeasy, Megapath and Covad to Merge
Posted by Jesse Ward on Friday, June 11, 2010 · 
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Speakeasy has entered into an agreement to combine its business with Covad Communications Co. and MegaPath Inc.—companies that are in the midst of merging themselves. The new entity is being billed as a “next-generation CLEC” which will focus largely on managed IP broadband services for businesses.
The transaction is expected to close in the third quarter of 2010, contingent upon closing of the previously announced merger between MegaPath and Covad. Financial terms will not be disclosed. Read more