Brief: Andina Acquisition Corp II says to acquire Lazydays R.V. Center Inc

Stryve Foods

28/10/2017 01:41

Oct 27 (Reuters) - Andina Acquisition Corp II  ANDA.O  - 
    * Andina Acquisition Corp. II announces agreement to acquire 
Lazydays R.V. Center, Inc. 
    * Total consideration to be paid to seller will consist of 
$85 million in cash and about 2.9 million common shares of 
combined Co 
    * Upon completion Lazydays' chairman and CEO William Murnane 
will continue as chairman and CEO of the combined Co 
    * Lazydays expects to refinance its existing term debt with 
a new $20 million facility prior to or simultaneous with 
closing. 
    * Upon completion, combined co will be renamed Lazydays 
Holdings, Inc ,will trade on NASDAQ under new ticker LAZY. 
 
Source text for Eikon:  ID:nBw63jf3Xa  
Further company coverage:  ANDA.O  
 
 (( Bangalore.newsroom@thomsonreuters.com ;))