April 3, 2018 / 10:36 PM / 3 months ago

BRIEF-RMG Networks Holding Corp Agrees To Be Acquired By SCG Digital, LLC

April 4 (Reuters) - RMG Networks Holding Corp:

* RMG NETWORKS HOLDING CORPORATION AGREES TO BE ACQUIRED BY SCG DIGITAL, LLC

* RMG STOCKHOLDERS WILL RECEIVE $1.27 IN CASH FOR EACH SHARE OF RMG’S COMMON STOCK THEY HOLD

* SCG DIGITAL, LLC WILL ACQUIRE RMG IN A TRANSACTION VALUED AT APPROXIMATELY $16.8 MILLION

* DEAL WILL INCLUDE THE ASSUMPTION OF APPROXIMATELY $2.65 MILLION OF DEBT

* BOARD OF DIRECTORS OF RMG HAS APPROVED MERGER AGREEMENT Source text for Eikon: Further company coverage:

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