Brief: Orbital Energy Group Announces Intent To Acquire Privately Owned, Atlanta-Based Telecommunications Company Gibson Technical Services
30/03/2021 13:22
March 30 (Reuters) - Orbital Energy Group Inc OEG.O :
* ORBITAL ENERGY GROUP, INC. ANNOUNCES INTENT TO ACQUIRE
PRIVATELY
OWNED, ATLANTA-BASED TELECOMMUNICATIONS COMPANY GIBSON TECHNICAL
SERVICES
* ORBITAL ENERGY GROUP INC - SPA CALLS FOR PURCHASE OF
OUTSTANDING
SHARES IN GTS FOR A GROSS PURCHASE PRICE OF $48.0 MILLION
* ORBITAL ENERGY GROUP INC - PREPARING A DEFINITIVE STOCK
PURCHASE
AGREEMENT TO ACQUIRE 100% OF GIBSON TECHNICAL SERVICES
* ORBITAL ENERGY GROUP INC - ACQUISITION WILL IMMEDIATELY
ADD
SIGNIFICANT REVENUES AND EARNINGS TO OEG
Source text for Eikon: ID:nPn98ss6ha
Further company coverage: OEG.O
((Reuters.Briefs@thomsonreuters.com;))
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