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Hollysys Automation Says 'Go-Shop' Period Under Merger Deal With Ascendent Capital Ends

Hollysys Automation Technologies Ltd. (HOLI) announced Wednesday the end of the "go-shop" period as provided for in the merger agreement with funds managed by Ascendent Capital Partners.
Hollysys Automation Technologies Ltd Hollysys Automation Technologies Ascendent Capital Superior Proposal Hollysys Automation Technologies Hollysys Automation

Hollysys Announces End of "Go-Shop" Period under Merger Agreement with Ascendent Capital Partners

Company receives additional offers during "go-shop" period None of the offers received constitutes or would reasonably be expected to result in a Superior Proposal BEIJING, Dec. 27, 2023 /PRNewswire/ -- Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company") today announced the end of the "go-shop" period as provided for in the merger agreement with funds managed...
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