Brief: Ericsson announces agreement to acquire Envivio Inc,

Greenlight Biosciences Holdings PBC

10/09/2015 11:01

Sept 10 (Reuters) - Envivio Inc  ENVI.O : 
 * Ericsson announces agreement to acquire Envivio Inc, 
 * Says ericsson will commence a cash tender offer to purchase all of envivio's 
   outstanding shares 
 * Board of Envivio has unanimously agreed to recommend that envivio's 
   stockholders tender their shares to ericsson in the tender offer 
 * All Envivio shares not tendered in the tender offer will be converted into 
   the right to receive $4.10 per share 
 * Says acquisition is expected to close in the fourth quarter of 2015 
 * Certain of co's major stockholders, collectively owning about 34 percent of 
   envivio's stock, entered tender,support agreement with ericsson 
 * Says Envivio will continue to work with its customers and partners to develop 
   its current software based video solutions 
 
 * Source text for Eikon  ID:nGNXVEKEAa  
 
 * Further company coverage  ENVI.O   
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