Brief: Quarterhill To Acquire Conduent Tolling Solutions Business
BRIEF-Quarterhill To Acquire Conduent Tolling Solutions Business June 30 (Reuters) - Quarterhill Inc QTRH.TO:
QUARTERHILL TO ACQUIRE CONDUENT TOLLING SOLUTIONS BUSINESS
QUARTERHILL - DEAL VALUED AT $70 MLN CASH PLUS 7% OF QUARTERHILL SHARES
QUARTERHILL - COMBINED BACKLOG EXPECTED TO BE $2 BILLION UPON CLOSING
QUARTERHILL - CASH PORTION OF DEAL TO BE FUNDED THROUGH DEBT
Source text: ID:nCNWpFQB5a
Further company coverage: QTRH.TO
((Reuters.Briefs@thomsonreuters.com;))
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