Brief: Input Capital Says Agreement Terminated Due To Bridgeway's Inability To Complete Arrangement

SSC Security Services

29/10/2020 23:51

Oct 29 (Reuters) - Input Capital Corp  INP.V :
    * INPUT CAPITAL - INPUT'S BOARD HAS MET AND CONFIRMED A
RETURN TO
COMPANY'S STRATEGIC PLAN THAT WAS IN PLACE PRIOR TO AUGUST 12,
2020
    * AS A RESULT OF BRIDGEWAY'S INABILITY TO COMPLETE
ARRANGEMENT,
AGREEMENT HAS BEEN TERMINATED
    * INPUT'S BOARD WILL CONTINUE TO CONSIDER INTERNAL OR
EXTERNAL
PROPOSALS
    * BRIDGEWAY HAS ACKNOWLEDGED AND AGREED TO PAY TERMINATION
FEE
CONTEMPLATED IN ARRANGEMENT AGREEMENT

Source text for Eikon:  ID:nCNW0b5N0a 
Further company coverage:  INP.V 

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