Brief: Iron Mountain To Acquire Regency Technologies

Iron Mountain

02/11/2023 11:07

Nov 2 (Reuters) - Iron Mountain Inc  IRM.N :
    * IRON MOUNTAIN TO ACQUIRE REGENCY TECHNOLOGIES
    * IRON MOUNTAIN INC- INITIAL PURCHASE PRICE IS $200 MILLION,
WITH
$125 MILLION TO BE PAID AT CLOSE AND REMAINDER DUE IN 2025
    * IRON MOUNTAIN INC- ACQUISITION ALSO FEATURES A POTENTIAL
PERFORMANCE-BASED EARN-OUT, WHICH WOULD BE PAYABLE IN 2027, IF
EARNED

Source text for Eikon:  ID:nBw7cRm7la 
Further company coverage:  IRM.N 

 ((Reuters.Briefs@thomsonreuters.com;))