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BRIEF-Advisory Board says under termination of merger agreement with Optum, co must pay optum termination fee of $42 mln - SEC Filing
August 29, 2017 / 1:14 PM / a month ago

BRIEF-Advisory Board says under termination of merger agreement with Optum, co must pay optum termination fee of $42 mln - SEC Filing

Aug 29 (Reuters) - Advisory Board Co

* Advisory Board Co - Under termination of merger agreement with Optum in certain conditions, co must pay Optum termination fee of $42 million - SEC Filing

* Says if co terminates education purchase agreement, co must pay Avatar Holdco, Avatar purchaser termination fee of $47 million

* Advisory Board - Concurrently with execution of education purchase agreement, Vista delivered to company a limited guaranty in favor of the company

* Advisory Board - Vista guarantees education buyer's obligations under the education purchase agreement, subject to a maximum liability of $90 million Source text: [bit.ly/2wFJei2] Further company coverage:

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