Slyce receives offer to go private at 85 cents a share
2015-11-18 17:41 ET - News Release
Mr. James Beals of Quest Ventures reports
QUEST VENTURES PROPOSES TO ACQUIRE 100% OF SLYCE, INC. FOR $0.85 PER SHARE; GO PRIVATE TRANSACTION TO GENERATE SIGNIFICANT SYNERGIES, EXPAND OPERATING MARGINS AND RESULT IN MEANINGFUL VALUATION ACCRETION AS A PRIVATE COMPANY
Slyce Inc. has received a proposal from Quest Ventures, a private venture capital company, to acquire all of the outstanding shares of Slyce common stock for 85 cents per share. The transaction proposed to the Slyce board of directors is to be structured as an all-cash deal.
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