Brief: Cadre Holdings To Acquire Cyalume Technologies

Cadre Holdings

03/05/2022 14:56

May 3 (Reuters) - Cadre Holdings Inc  CDRE.N :
    * CADRE HOLDINGS TO ACQUIRE CYALUME TECHNOLOGIES
    * CADRE HOLDINGS TO ACQUIRE CYALUME TECHNOLOGIES
    * CADRE HOLDINGS INC - TRANSACTION IS EXPECTED TO BE
IMMEDIATELY
ACCRETIVE
    * CADRE HOLDINGS INC - PURCHASE PRICE FOR ACQUISITION IS
$35.0
MILLION
    * CADRE HOLDINGS INC- BUSINESS IS EXPECTED TO GENERATE
APPROXIMATELY $25 MILLION IN PRO FORMA REVENUES FOR CALENDAR
YEAR ENDING DECEMBER 31, 2022
    * CADRE HOLDINGS INC - DEAL IS EXPECTED TO BE FUNDED THROUGH
AVAILABLE CASH ON COMPANY'S BALANCE SHEET AND A DRAW ON ITS
EXISTING CREDIT FACILITIES

Source text for Eikon:  ID:nBwbBrZnNa 
Further company coverage:  CDRE.N 

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