Brief: Ssc Security Services Corp. To Acquire Logixx Security Inc. In All-Cash Deal To Become The Largest Publicly-Traded Security Company In Canada

SSC Security Services

30/03/2022 17:22

March 30 (Reuters) - SSC Security Services Corp  SECU.V :
    * SSC SECURITY SERVICES CORP. TO ACQUIRE LOGIXX SECURITY
INC. IN
ALL-CASH DEAL TO BECOME THE LARGEST PUBLICLY-TRADED SECURITY
COMPANY IN CANADA
    * SSC SECURITY SERVICES CORP - UNDER TERMS OF TRANSACTION,
SSC
WILL PAY AVANTE $23.95 MILLION IN CASH FOR LOGIXX SHARES
    * SSC SECURITY SERVICES CORP - TRANSACTION WILL BE ENTIRELY
FUNDED
BY SSC'S CASH ON HAND WITH NO DILUTION TO SHAREHOLDERS

Source text for Eikon:  ID:nCNWTmbVxa 
Further company coverage:  SECU.V 

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