Privet Raises Price for Norsat International above Hytera's Offer

21-04-2017

Norsat International announced that it received an unsolicited, conditional, nonbinding proposal from Privet Fund Management to acquire the company for cash consideration of $11 per share.

The announcement follows a March agreement between Norsat and Hytera Project , a subsidiary of Hytera Communications, under which Hytera planned to acquire Norsat for $10.25 in cash per share.



Source: mccmag.com


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