Edition:
India

FinTech Acquisition Corp II (FNTE.OQ)

FNTE.OQ on NASDAQ Stock Exchange Capital Market

9.89USD
16 Feb 2018
Change (% chg)

$-0.01 (-0.10%)
Prev Close
$9.90
Open
$9.88
Day's High
$9.89
Day's Low
$9.88
Volume
5,007
Avg. Vol
12,299
52-wk High
$10.25
52-wk Low
$9.70

Latest Key Developments (Source: Significant Developments)

Intermex Holdings Ii And Fintech Acquisition Corp. Ii Announce Merger Agreement Combining Businesses
Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - Fintech Acquisition Corp Ii ::INTERMEX HOLDINGS II, INC. AND FINTECH ACQUISITION CORP. II ANNOUNCE MERGER AGREEMENT COMBINING BUSINESSES.INTERMEX - ‍FNTE WILL ACQUIRE INTERMEX FOR AGGREGATE CONSIDERATION OF APPROXIMATELY $260 MILLION​.INTERMEX - ‍POST DEAL, ROBERT LISY, CHIEF EXECUTIVE OFFICER, AND REST OF EXISTING INTERMEX MANAGEMENT TEAM WILL CONTINUE TO LEAD COMPANY​.INTERMEX - EXISTING MEMBERS OF INTERMEX BOARD OF DIRECTORS WILL BECOME DIRECTORS OF COMBINED COMPANY​.INTERMEX - AGGREGATE DEAL CONSIDERATION COMPRISED OF ABOUT $99 MILLION IN CASH AND ABOUT $161 MILLION IN FNTE COMMON STOCK.INTERMEX - FNTE WILL ALSO REPAY APPROXIMATELY $20 MILLION IN DEBT OUTSTANDING UNDER INTERMEX'S EXISTING CREDIT FACILITY IN CONNECTION WITH MERGER​.‍INTERMEX - ADDITIONALLY, FINTECH ACQUISITION CORP HAS RIGHT TO APPOINT ONE INDEPENDENT BOARD OBSERVER​.  Full Article

Intermex Holdings II And Fintech Acquisition Corp II Announce Merger Agreement Combining Businesses
Wednesday, 20 Dec 2017 

Dec 19 (Reuters) - Fintech Acquisition Corp II ::INTERMEX HOLDINGS II, INC. AND FINTECH ACQUISITION CORP. II ANNOUNCE MERGER AGREEMENT COMBINING BUSINESSES.SAYS ‍MERGED COMPANY IS EXPECTED TO CONTINUE TO BE LISTED ON NASDAQ STOCK MARKET​.- ROBERT LISY, PRESIDENT, CHAIRMAN AND CEO AND REST OF EXISTING INTERMEX MANAGEMENT TEAM WILL CONTINUE TO LEAD COMPANY​.- WILL ACQUIRE INTERMEX FOR ABOUT $260 MILLION COMPRISED OF ABOUT $99 MILLION IN CASH AND ABOUT $161 MILLION IN FNTE COMMON STOCK.- ‍FNTE WILL ALSO REPAY ABOUT $20 MILLION IN DEBT OUTSTANDING UNDER INTERMEX'S EXISTING CREDIT FACILITY IN CONNECTION WITH MERGER​.  Full Article

BRIEF-Intermex Holdings Ii And Fintech Acquisition Corp. Ii Announce Merger Agreement Combining Businesses

* INTERMEX HOLDINGS II, INC. AND FINTECH ACQUISITION CORP. II ANNOUNCE MERGER AGREEMENT COMBINING BUSINESSES

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