Brief: Avante Logixx starts strategic review, appoints interim CEO

Avante

23/10/2017 12:30

Oct 23 (Reuters) - Avante Logixx Inc  XX.V - 
    * Avante Logixx Inc. announces interim CEO appointment 
    * Says Rodney Wechsler appointed interim CEO 
    * Avante Logixx Inc - company also announces today that its 
board of directors is commencing a review of strategic 
alternatives 
    * Avante Logixx Inc - strategic alternatives include but 
are not limited to a business combination, merger or sale 
    * Avante Logixx Inc- board is continuing with search 
efforts to identify and evaluate potential successor CEO 
candidates, including interim CEO 
    * Avante Logixx Inc - company has engaged Crosbie & Company 
Inc. to assist it in conducting and implementing the strategic 
review 
    * Avante Logixx Inc - intends to make normal course issuer 
bid to purchase up to 5.2 million common shares, to be 
transacted through facilities of exchange 
 
Source text for Eikon:  ID:nGNXOGFRAa  
Further company coverage:  XX.V  
 
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