Independent valuer says ESW offer for SLI "compelling"

Mon, 12 Nov 2018

By Jenny Ruth Nov. 13 (BusinessDesk) - ESW Holdings’ $41.4 million takeover offer for SLI Systems “is compelling,” according to independent valuer Northington Partners. SLI’s committee of independent directors is also unanimously recommending that shareholders accept ESW’s offer. “ESW’s offer provides an attractive opportunity for shareholders and option-holders to realise value in their securities while eliminating the risks SLI faces pursuing its new product strategy,” says Greg Cross, the chair of the independent committee. North...

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