Brief: Kontron And Bsquare Announce Successful Completion Of Tender Offer

Kontron AG

07/12/2023 13:34

Dec 7 (Reuters) - KONTRON AG  KTN.VI :
    * KONTRON AND BSQUARE ANNOUNCE SUCCESSFUL COMPLETION OF
TENDER
OFFER
    * COMPLETION PREVIOUSLY COMMENCED TENDER OFFER TO ACQUIRE
ALL OF
OUTSTANDING SHARES OF COMMON STOCK OF BSQUARE FOR $1.90 PER
SHARE
    * AS A RESULT OF OFFER AND MERGER, BSQUARE WILL BECOME A
WHOLLY-OWNED, INDIRECT SUBSIDIARY OF KONTRON AND BSQUARE COMMON
STOCK WILL CEASE TRADING ON NASDAQ
    * PARTIES EXPECT TO CONSUMMATE MERGER ON OR ABOUT DECEMBER
7, 2023

Source text for Eikon:  ID:nEQ2pKK6ca 
Further company coverage:  KTN.VI 

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