Brief: Kontron To Acquire Bsquare For $1.90 Per Share
11/10/2023 22:39
Oct 11 (Reuters) - Kontron Ag KTN.VI :
* EQS-ADHOC: KONTRON AG: KONTRON TO ACQUIRE BSQUARE FOR
$1.90 PER
SHARE
* KONTRON: AFTER CLOSING, BSQUARE WILL BECOME A PRIVATELY
HELD
COMPANY, AND SHARES OF BSQUARE COMMON STOCK WILL NO LONGER BE
LISTED ON ANY PUBLIC MARKET
* : TRANSACTION IS EXPECTED TO CLOSE LATER IN 2023
* IN AN ALL-CASH TRANSACTION, REPRESENTING AN IMPLIED EQUITY
VALUE
OF APPROXIMATELY $38 MILLION.
Source text for Eikon: ID:nEQ6wtRTga
Further company coverage: KTN.VI
((Reuters.Briefs@thomsonreuters.com;))
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