Page 13 - சம்பள காசோலை ப்ரொடெக்ஶந் ப்ரோக்ர்யாம் கடன் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Share: SALT LAKE CITY, Dec. 11, 2020 (GLOBE NEWSWIRE) ZAGG Inc (NASDAQ:ZAGG) ( we, us, our, ZAGG, or the Company ), a leading global mobile lifestyle company, and a buyer group (the Buyer Group ) led by Evercel, Inc. ( Evercel ), today announced that they have entered into a definitive agreement pursuant to which the Buyer Group will acquire all of the issued and outstanding common stock of the Company for up to $4.45 per share in cash. Stockholders will receive $4.20 per share in cash upon closing and will be entitled to receive an additional contingent amount of up to $0.25 per share, to be paid if the Company s Paycheck Protection Program Loan (the PPP Loan ) is forgiven and any audit related thereto is satisfactorily completed. The transaction is expected to close in the first quarter of 2021. The terms of the agreement, which has been unanimously approved by the Company s Board of Directors, will be submitted for approval of the Company s stockholders.

United statesDaniel allenChris ahernBrendon freyJeff duboisEvercel incOppenheimer coUs small business administrationLewis bockiusCompany paycheck protection program loanCompany board of directorsLatham watkinsExchange commissionBuyer groupSecurities exchangeGrant thornton