02:28 PM EST - Telehop Communications Inc. : Globalive Communications Corp. said today it plans to acquire phone services operator Telehop Communications Inc. in a $10.7-million friendly cash deal. Telehop said Thursday it had signed an agreement with Globalive, which is offering up to 80 cents per Telehop share. Telehop Communications Inc.
shares V.HOP are trading up 14 cents at $0.69.