Brief: Nice To Acquire Livevox

LiveVox Holdings

04/10/2023 12:40

Oct 4 (Reuters) - Nice Ltd  NICE.TA :
    * NICE TO ACQUIRE LIVEVOX, REVOLUTIONIZING HOW ORGANIZATIONS MANAGE
PROACTIVE
OUTREACH WITH THE POWER OF CONVERSATIONAL AI AT SCALE
    * NICE LTD - UNDER TERMS OF MERGER AGREEMENT, AT CLOSING OF TRANSACTION
LIVEVOX
STOCKHOLDERS WILL RECEIVE $3.74 IN CASH FOR EACH SHARE OF LIVEVOX
    * NICE LTD - UPON COMPLETION OF TRANSACTION, LIVEVOX WILL NO LONGER BE
PUBLICLY
LISTED OR TRADED ON NASDAQ
    * NICE LTD - TRANSACTION IS EXPECTED TO BE CASH FLOW POSITIVE AND ACCRETIVE
TO
NICE'S OPERATING INCOME, OPERATING MARGIN AND NON-GAAP EPS DURING 2024
    * NICE LTD - TRANSACTION WILL NOT IMPACT NICE'S SHARE BUYBACK PROGRAM.

Source text for Eikon:  ID:nBw7c4RMCa 
Further company coverage:  NICE.TA 

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