Brief: Quotient To Combine With Neptune Retail Solutions

Quotient Technology

20/06/2023 15:21

June 20 (Reuters) - Quotient Technology Inc  QUOT.N :
    * QUOTIENT TO COMBINE WITH NEPTUNE RETAIL SOLUTIONS
    * QUOTIENT TECHNOLOGY - TRANSACTION HAS AN AGGREGATE EQUITY
VALUE
OF APPROXIMATELY $430 MILLION
    * QUOTIENT TECHNOLOGY INC - UNDER TERMS OF AGREEMENT,
QUOTIENT'S
SHAREHOLDERS WILL RECEIVE $4.00 PER SHARE IN CASH
    * QUOTIENT TECHNOLOGY INC - NEPTUNE'S CEO WILLIAM E.
REDMOND, JR.
(BILL REDMOND) WILL BE CEO OF COMBINED NEPTUNE/QUOTIENT BUSINESS
    * QUOTIENT TECHNOLOGY INC - QUOTIENT WILL CEASE TO BE A
PUBLICLY
TRADED COMPANY UPON COMPLETION OF TRANSACTION

Source text for Eikon:  ID:nBw76DmkYa 
Further company coverage:  QUOT.N 

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