Reuters logo
BRIEF-Norsat says gets updated unsolicited, proposal from Privet Fund Management
June 12, 2017 / 12:10 PM / in 6 months

BRIEF-Norsat says gets updated unsolicited, proposal from Privet Fund Management

June 12 (Reuters) - Norsat International Inc:

* Norsat announces receipt of updated unsolicited, proposal from Privet Fund Management LLC

* Norsat International Inc says updated unsolicited proposal received from Privet for $11.50 per share

* Norsat International Inc says if deemed superior proposal, Hytera has right to amend arrangement

* Norsat International Inc says independent directors recommend shareholders take no action and await further communication from Norsat 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