CSG Systems has reached a definitive agreement to acquire Prairie Voice Services, a privately-held provider of interactive messaging services headquartered in Omaha.

The agreement provides that CSG will acquire Prairie Voice Services for approximately $39 million (net of cash acquired) to be paid in cash upon closing of the transaction. Closing is currently anticipated to be mid-August, subject to customary closing conditions. In addition, the merger agreement provides for contingent payments of up to $6 million through the end of 2009 upon the achievement of certain predetermined operating criteria.

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FCC Seeks Comment on NAB NextGen Petition

The FCC Media Bureau is seeking comment on NAB’s petition regarding the treatment of multicast streams under the NexGen TV local simulcasting rules.

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