Brief: AGC Networks To Acquire Black Box, Creating A Significant Global Technology Solutions Provider

Black Box

12/11/2018 01:32

Nov 12 (Reuters) - Agc Networks Ltd  AGCN.NS :
    * AGC NETWORKS TO ACQUIRE BLACK BOX, CREATING A SIGNIFICANT
GLOBAL
TECHNOLOGY SOLUTIONS PROVIDER
    * AGC NETWORKS IN SINGAPORE AND BLACK BOX CORP ENTERED INTO
A
DEFINITIVE MERGER AGREEMENT
    * AGC SINGAPORE WOULD ACQUIRE ALL THE OUTSTANDING SHARES OF
BLACK
BOX FOR $1.08 PER SHARE IN CASH
    * BLACK BOX BOARD OF DIRECTORS UNANIMOUSLY APPROVED THE
MERGER
AGREEMENT
    * U.S. SUBSIDIARY OF AGC SINGAPORE IS FINANCING THE MERGER
THROUGH
A COMBINATION OF EQUITY AND DEBT

Source text for Eikon:  ID:nGNX4TSgfn 
Further company coverage:  AGCN.NS 

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