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PSP - Pacific Safety Products Inc News Story

C$0.21 0.0  0.0%

Last Trade - 19/12/16

Sector
Industrials
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £11.7m
Position in Universe th / 2707

BRIEF-Pacific Safety Products provides update on unsolicited offer of $0.25/share from MKU Ltd

Wed 14th December, 2016 12:15am
Dec 13 (Reuters) - Pacific Safety Products Inc  PSP.V  
    * Board remains unable to conclude at this time that MKU 
offer constitutes a superior proposal 
    * Pacific Safety- can be no assurance that MKU offer will 
lead to termination of Safariland agreement and execution of an 
arrangement agreement with MKU 
    * Board has not changed its recommendation with respect to 
pending transaction with Safariland 
    * Pacific Safety- board reviewing to determine whether, 
among other things, MKU has financial ability to complete 
proposed transaction 
    * Pacific Safety Products Inc provides further update on 
unsolicited offer of $0.25 per share from MKU Limited 
 
  Source text for Eikon:  ID:nCCN48jcbh  
  Further company coverage:  PSP.V  
 
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