Brief: Solar Wins Court Case Concerning Earn-Out

Solar A/S

05/09/2019 08:22

Sept 5 (Reuters) - Solar A/S  SOLARb.CO :
    * REG-NO. 17 2019 SOLAR A/S WON A COURT CASE CONCERNING AN
EARN-OUT
    * SOLAR WON A COURT CASE CONCERNING AN EARN-OUT IN
CONNECTION WITH
ACQUISITION OF MAG45 IN 2016
    * CLAIM WAS NOT EXPECTED TO HAVE ANY EFFECT ON SOLAR'S
FINANCIAL
POSITION OR FUTURE EARNINGS
    * DEADLINE FOR APPEALING RULING IS 3 MONTHS
    * IT IS UNCLEAR WHETHER COUNTERPART IS GOING TO APPEAL

Source text for Eikon:  ID:nGNE9DnfsR 
Further company coverage:  SOLARb.CO 

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