Brief: Gse Systems On Oct 14, Company Z Withdraws $5.50-$5.75 Per Share Offer For For GSE Common Stock To Acquire Company
18/10/2024 22:29
Oct 18 (Reuters) - GSE Systems Inc GVP.O :
* GSE SYSTEMS : ON OCT 14, COMPANY Z WITHDRAWS $5.50-$5.75
PER
SHARE OFFER FOR FOR GSE COMMON STOCK TO ACQUIRE COMPANY
* GSE SYSTEMS: INSTEAD, COMPANY Z PROPOSED INVESTMENT OF UP
TO $10
MILLION IN FORM OF DEBT AND EQUITY
* GSE SYSTEMS: BOARD DID NOT BELIEVE REVISED PROPOSAL WAS
LIKELY
TO LEAD TO SUPERIOR PROPOSAL; UNABLE TO ENTER INTO AGREEMENT
Source text for Eikon: ID:n0001140361-24-043714
Further company coverage: GVP.O
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Brief: Gse Systems On Oct 14, Company Z Withdraws $5.50-$5.75 Per Share Offer For For GSE Common Stock To Acquire Company