Tucows Inc.

11:19 AM EST - Tucows Inc. : Has signed a definitive agreement to acquire wholesale domain name registrar Ascio Technologies from CSC The transaction closed yesterday. Tucows will pay $29.44 million and the transaction is expected to be immediately accretive to operating cash flow. The purchase price will be funded through Tucows’ existing credit facility. Tucows Inc. shares T.TC are trading down $0.31 at $106.42.