M&A Deal Summary

WQN Acquires Park Avenue Associates

On October 31, 2005, WQN acquired real estate company Park Avenue Associates

Acquisition Highlights

This is WQN’s 1st transaction in the Real Estate sector.
This is WQN’s 1st transaction in the United States.
This is WQN’s 1st transaction in New York.

M&A Deal Summary
Date	2005-10-31
Target	Park Avenue Associates
Sector	Real Estate
Buyer(s)	WQN
Deal Type	Add-on Acquisition

Target

Park Avenue Associates

Long Island City, New York, United States

Park Avenue Associates, LLC operates as a real estate development company.

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Buyer(S) 1

Buyer

WQN

Fort Lauderdale, Florida, United States

Category	Company
Sector	Communications

DESCRIPTION

WQN, Inc. operates as an online phone service provider.

DEAL STATS	#
Overall	1 of 1
Sector (Real Estate)	1 of 1
Type (Add-on Acquisition)	1 of 1
State (New York)	1 of 1
Country (United States)	1 of 1
Year (2005)	1 of 1