Brief: Tessco Enters Into Definitive Merger Agreement

Tessco Technologies

12/04/2023 12:58

April 12 (Reuters) - TESSCO Technologies Inc  TESS.O :
    * TESSCO ENTERS INTO DEFINITIVE MERGER AGREEMENT
    * TESSCO TECHNOLOGIES INC - TESSCO SHAREHOLDERS TO RECEIVE
$9 PER
SHARE IN CASH IN $161.4 MILLION ACQUISITION
    * TESSCO TECHNOLOGIES INC - TESSCO SHAREHOLDERS TO RECEIVE
$9 PER
SHARE IN CASH IN $161.4 MILLION ACQUISITION
    * TESSCO TECHNOLOGIES INC - DEFINITIVE MERGER AGREEMENT WITH
ENTITIES AFFILIATED WITH LEE EQUITY PARTNERS AND TWIN POINT
CAPITAL
    * TESSCO TECHNOLOGIES INC - MERGER IS EXPECTED TO CLOSE IN
THIRD
CALENDAR QUARTER OF 2023
    * TESSCO TECHNOLOGIES INC - MERGER HAS BEEN UNANIMOUSLY
APPROVED
BY TESSCO'S BOARD

Source text for Eikon:  ID:nBw4FpPMpa 
Further company coverage:  TESS.O 

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