February 22, 2017 / 5:58 AM / 9 months ago

BRIEF-HOV Services approves business combination with Quinpario Acquisition Corp.2

Feb 22 (Reuters) - HOV Services Ltd

* Approved business combination of Sourcehov Holdings Inc., and Novitex Holdings, Inc. with Quinpario Acquisition Corp.2

* Transaction valued at $2.8 billion

* Purchase price will be funded through a combination of $1.35 billion in new debt financing, cash from Quinpario, rollover equity Source text: (bit.ly/2l6xKeo) Further company coverage:

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