Brief: TeraGo To Acquire Mobilexchange

TeraGo

22/09/2018 24:37

Sept 21 (Reuters) - Terago Inc  TGO.TO :
    * TERAGO NETWORKS INC, UNIT OF TERAGO, WILL ACQUIRE ALL OF
ISSUED
AND OUTSTANDING SHARES OF MOBILEXCHANGE SPECTRUM INC. AND ITS
PARENT HOLDING CO MSI
    * TERAGO TO ACQUIRE MOBILEXCHANGE
    * SAYS DEAL FOR AGGREGATE CASH CONSIDERATION OF $5.66
MILLION
    * DEAL IS BEING FUNDED THROUGH NET PROCEEDS OF TERAGO'S
BOUGHT
DEAL EQUITY OFFERING WHICH PREVIOUSLY CLOSED ON JUNE 18, 2018

Source text for Eikon:  ID:nCNWPzxDba 
Further company coverage:  TGO.TO 

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