Brief: Sp Plus- Co May Receive A Reverse Termination Fee Of $60 Mln From Metropolis Technologies If Deal Terminated Under Certain Circumstances

SP Plus

05/10/2023 15:02

Oct 5 (Reuters) - SP Plus Corp  SP.O :
    * SP PLUS- CO MAY RECEIVE A REVERSE TERMINATION FEE OF $60
MILLION
FROM METROPOLIS TECHNOLOGIES IF DEAL TERMINATED UNDER CERTAIN
CIRCUMSTANCES
    * SP PLUS - IF DEAL TERMINATED UNDER SOME EVENTS,MAY PAY
METROPOLIS TECHNOLOGIES TERMINATION FEE OF $30 MILLION, EXPENSE
REIMBURSEMENT NOT EXCEEDING $5 MILLION

Further company coverage:  SP.O 

 ((Reuters.Briefs@thomsonreuters.com;))