Brief: Data Communications Management Says To Buy Perennial For Total Purchase Price Of About $12 Mln

Data Communications Management (Ontario)

01/05/2018 17:02

May 1 (Reuters) - DATA Communications Management Corp
 DCM.TO :
    * DATA COMMUNICATIONS MANAGEMENT CORP. ANNOUNCES STRATEGIC
ACQUISITION OF PERENNIAL GROUP OF COMPANIES AND $12 MILLION TERM
LOAN WITH CROWN CAPITAL PARTNERS
    * DATA COMMUNICATIONS MANAGEMENT - DCM ALSO ANNOUNCES IT HAS
ARRANGED A $12 MILLION TERM LOAN FROM CROWN CAPITAL FUND IV LP
    * DATA COMMUNICATIONS MANAGEMENT CORP - TERM LOAN TO FUND
CASH
COMPONENT OF ACQUISITION AND REPAY OTHER INDEBTEDNESS
    * DATA COMMUNICATIONS MANAGEMENT CORP - DCM WILL ACQUIRE
PERENNIAL
FOR A TOTAL PURCHASE PRICE OF APPROXIMATELY $12 MILLION

Source text for Eikon:  ID:nBw5whWcca 
Further company coverage:  DCM.TO 

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