Reuters logo
3 个月前
BRIEF-Wi-Lan to acquire International Road Dynamics for $63.5 mln
2017年4月17日 / 晚上8点18分 / 3 个月前

BRIEF-Wi-Lan to acquire International Road Dynamics for $63.5 mln

1 分钟阅读

April 17 (Reuters) - Wi-Lan Inc-

* WiLan to acquire International Road Dynamics

* Wi-Lan Inc - deal for equity value of approximately $63.5 million

* Wi-Lan Inc- Wi-Lan will fund acquisition with cash from its balance sheet, which at december 31, 2016 was $143.1 million

* Wi-Lan Inc - deal for $4.25 or us $3.17 per share in cash

* Wi-Lan Inc says boards of directors of both wilan and ird have unanimously approved the transaction

* Wi-Lan Inc - acquisition of international road dynamics will be immediately accretive to wilan's ebitda

* On a combined pro forma basis, for fiscal 2016 wilan would have generated revenue of $188.4 million and ebitda of $76.1 million

* Wi-Lan - IRD directors,officers, certain ird shareholders,representing about 25.4% of total ird shares outstanding agreed to tender their ird shares into deal

* Wi-Lan inc says all amounts, unless stated otherwise, are in canadian dollars Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below