Deal snapshot: Steel Partners to Acquire All Issued and Outstanding Stock of Steel Connect in Definitive Merger.
MANews-(C)2009-2022
US-based global holding company Steel Partners Holdings L.P. (NYSE: SPLP) has entered into a merger agreement to acquire the remaining issued and outstanding common stock of US-based holding company Steel Connect and Steel Connect, Inc. (NASDAQ: STCN) issued and outstanding, to become a wholly owned subsidiary of Steel Partners, the company said.
Holders of Steel Connect's outstanding shares of common stock will receive USD 1.35 per share in cash and one...
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