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BRIEF-Sandvine enters into amended, restated arrangement agreement with Vector Capital Affiliate Scalar Acquireco
July 6, 2017 / 8:28 PM / 3 months ago

BRIEF-Sandvine enters into amended, restated arrangement agreement with Vector Capital Affiliate Scalar Acquireco

July 6 (Reuters) - Sandvine Corp:

* Sandvine enters into amended and restated arrangement agreement with vector capital affiliate scalar acquireco corp.

* Sandvine Corp - deal for CAD$4.15 per share

* Sandvine Corp - deal for ‍for CAD$4.15 per share​

* Sandvine Corp - price per share implies an aggregate fully diluted equity value for Sandvine of approximately cad$529 million

* Sandvine corp - ‍price per share implies an aggregate fully diluted equity value for sandvine of approximately cad$529 million​

* Sandvine corp - deal for approximately cad$529 million.

* Sandvine corp - board and special committee have unanimously recommended that shareholders vote in favour of arrangement

* Sandvine corp - ‍sandvine will be entitled to seek specific performance or to receive a reverse termination fee of cad$42 million in certain circumstances​

* Sandvine corp says amended arrangement agreement provides for a termination fee of cad$16.9 million

* Sandvine corp - sandvine will be entitled to seek specific performance or to receive a reverse termination fee of cad$42 million in certain circumstances Source text for Eikon: Further company coverage:

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