Brief: Rekor Systems Inc - Receives Acquisition Offer For Subsidiary Aoc Key Solutions
16/03/2020 12:22
March 16 (Reuters) - Rekor Systems Inc REKR.O :
* REKOR SYSTEMS INC - RECEIVES ACQUISITION OFFER FOR
SUBSIDIARY
AOC KEY SOLUTIONS
* REKOR SYSTEMS INC - ACKNOWLEDGED IT HAS RECEIVED AN OFFER
OF $4
MILLION TO PURCHASE ITS SUBSIDIARY AOC KEY SOLUTIONS
* REKOR SYSTEMS INC - THE OFFER HAS BEEN MADE BY CURRENT AOC
KEY
SOLUTIONS MANAGEMENT
* REKOR SYSTEMS INC - CO IS ALSO CURRENTLY IN NEGOTIATIONS
TO SELL
ANOTHER SUBSIDIARY, TEAM GLOBAL.
* REKOR SYSTEMS INC - REKOR BOARD OF DIRECTORS TO CONSIDER
OFFER
AS CO CONTINUES FOCUS ON DIVESTING ALL NON-CORE ASSETS
Source text for Eikon: https://bit.ly/38P5G7q
Further company coverage: REKR.O
((Briefs@thomsonreuters.com;))
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