Brief: ALJ Regional Holdings Inc Enters Into Definitive Agreement To Sell Tolling And Transportation And Health Benefit Exchange Verticals Of Faneuil Inc

ALJ Regional Holdings

22/12/2021 13:16

Dec 22 (Reuters) - ALJ Regional Holdings Inc  ALJJ.O :
    * PRESS RELEASE - ALJ REGIONAL HOLDINGS, INC. ENTERS INTO
DEFINITIVE AGREEMENT TO SELL TOLLING AND TRANSPORTATION AND
HEALTH BENEFIT EXCHANGE VERTICALS OF FANEUIL, INC.
    * ALJ REGIONAL HOLDINGS - CONSIDERATION TO BE PAID BY TTEC
IS $140
MILLION, LESS AN INDEMNIFICATION ESCROW AMOUNT OF APPROXIMATELY
$15 MILLION DOLLARS
    * ALJ REGIONAL HOLDINGS INC - FANEUIL IS ALSO ELIGIBLE TO
RECEIVE
ADDITIONAL EARN-OUT PAYMENTS IN AN AGGREGATE AMOUNT OF UP TO $25
MILLION

Source text for Eikon:  ID:nPn4mJkx0a 
Further company coverage:  ALJJ.O 

 ((Reuters.Briefs@thomsonreuters.com;))