Reuters logo
BRIEF-MGC Diagnostics Agrees To Be Acquired By Altus Capital Partners
November 27, 2017 / 11:59 AM / 21 days ago

BRIEF-MGC Diagnostics Agrees To Be Acquired By Altus Capital Partners

Nov 27 (Reuters) - MGC Diagnostics Corp:

* MGC DIAGNOSTICS CORPORATION AGREES TO BE ACQUIRED BY ALTUS CAPITAL PARTNERS

* MGC DIAGNOSTICS - ‍ALTUS WILL ACQUIRE ALL OUTSTANDING SHARES OF MGCD FOR $11.03 PER SHARE IN CASH, OR APPROXIMATELY $50.3 MILLION​

* MGC DIAGNOSTICS - ‍ALTUS WILL COMMENCE A TENDER OFFER FOR ALL CO‘S SHARES AFTER NOVEMBER 27, 2017​

* MGC DIAGNOSTICS CORP- ‍MGCD‘S BOARD UNANIMOUSLY APPROVED ACQUISITION AGREEMENT​

* MGC DIAGNOSTICS CORP - ‍UPON COMPLETION OF DEAL, MGCD WILL BECOME A PRIVATELY HELD COMPANY​

* MGC DIAGNOSTICS CORP- PURCHASE PRICE WILL BE FUNDED THROUGH EQUITY COMMITMENTS MANAGED BY ALTUS & SENIOR & MEZZANINE COMMITMENTS FROM THIRD PARTIES​ 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