Brief: VTech Holdings to acquire LeapFrog Enterprises by way of merger
05/02/2016 13:00
Feb 5 (Reuters) - VTech Holdings Ltd 0303.HK : * Acquisition of LeapFrog Enterprises Inc by way of merger 0303.HK * Company, the purchaser (an indirect wholly-owned subsidiary of the company) and LeapFrog entered into the merger agreement on 5 February 2016 * Offer is made at a purchase price of US$1 per target share in cash, representing an aggregate transaction value of approximately US$72 million * Says the payment of the merger consideration shall be satisfied by the company's internal resources * Source text for Eikon ID:nHKS5Xqw0L ((For more news, please click here 0303.HK )) ((Bengaluru Newsroom; +91 80 6749 1130))
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