Reston-based Talk America acquired by telecom company in Richmond

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Talk America, a Reston-based phone and Internet provider, has been acquired by Richmond-based Cavalier Telephone & TV for $251 million. The merger will grow Cavalier’s customer base and put the company in six of the top 20 U.S. markets.

Ed Meyercord, Talk America CEO, was named CEO of Cavalier. Cavalier’s current CEO, Brad Evans, will become executive chairman.

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