Brief: Aviat Networks Inc Says On November 30, 2023, Company, NEC Entered Into An Amendment To Master Sale Of Business Agreement

Aviat Networks

01/12/2023 11:48

Dec 1 (Reuters) - Aviat Networks Inc  AVNW.O :
    * AVIAT NETWORKS INC - ON NOVEMBER 30, 2023, COMPANY AND NEC
ENTERED INTO AN AMENDMENT TO MASTER SALE OF BUSINESS AGREEMENT
    * AVIAT NETWORKS-AMENDMENT TO DELAY TRANSFER OF CERTAIN
ASSETS,
LIABILITIES CONNECTED TO BUSINESS IN MALAYSIA TO DATE SUBSEQUENT
TO DATE OF CLOSING
    * AVIAT NETWORKS INC - AMENDMENT PROVIDES FOR REDUCING
CONSIDERATION PAYABLE AT CLOSING FROM $70.0 MILLION TO $65.5
MILLION
    * AVIAT NETWORKS INC - ON NOVEMBER 30 ENTERED INTO A
REGISTRATION
RIGHTS AND LOCK-UP AGREEMENT WITH NEC
    * AVIAT NETWORKS INC - ON NOVEMBER 30 ENTERED INTO A
MANUFACTURING
AND SUPPLY AGREEMEN BY AND AMONG COMPANY, NEC PLATFORMS, LTD.
AND NEC


Further company coverage:  AVNW.O 

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