Brief: SMART Technologies announces update on Foxconn agreement

Standard Mercantile Acquisition

09/09/2016 14:30

Sept 9 (Reuters) - SMART Technologies Inc  SMA.TO  
    * Smart technologies announces update regarding plan of 
arrangement 
    * Smart technologies says co and foxconn technology group 
are in process of negotiating short extension to closing date 
contemplated under arrangement agreement 
    * Says smart anticipates closing of arrangement will occur 
by no later than september 14, 2016 
    * Smart technologies says short extension to closing date 
contemplated under arrangement agreement to facilitate funding 
of cash consideration payable by foxconn 
 
Source text for Eikon:  ID:nCNWmMQ73a  
Further company coverage:  SMA.TO  
 
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