BRIEF-Kontron To Acquire Bsquare For $1.90 Per Share

Reuters2023-10-12

Oct 11 (Reuters) - Kontron Ag :

* EQS-ADHOC: KONTRON AG: KONTRON TO ACQUIRE BSQUARE FOR $1.90 PER SHARE

* KONTRON: AFTER CLOSING, BSQUARE WILL BECOME A PRIVATELY HELD COMPANY, AND SHARES OF BSQUARE COMMON STOCK WILL NO LONGER BE LISTED ON ANY PUBLIC MARKET

* : TRANSACTION IS EXPECTED TO CLOSE LATER IN 2023

* IN AN ALL-CASH TRANSACTION, REPRESENTING AN IMPLIED EQUITY VALUE OF APPROXIMATELY $38 MILLION.

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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