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BRIEF-Norsat International receives buyout proposal from Privet Fund Management

April 17 Norsat International Inc:

* Norsat International - recently received non-binding proposal from Privet Fund Management LLC to buy co for cash consideration of US$11.00 per share

* Norsat International - received an unsolicited, conditional, non-binding proposal from privet fund to acquire co for cash consideration of $11.00 per share

* Norsat International Inc- board of directors has constituted a special committee of board to review and consider privet fund management's proposal

* Norsat international inc - at this time board has not changed its recommendation regarding pending transaction with hytera Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

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