BRIEF-Contextlogic To Acquire US Salt From Emerald Lake In $907.5 Million Transaction, Creating New Business Ownership Platform In Partnership With Abrams Capital And BC Partners CreditDec 8 (Reuters) - ContextLogic Holdings Inc LOGC.PK:
CONTEXTLOGIC TO ACQUIRE US SALT FROM EMERALD LAKE IN $907.5 MILLION TRANSACTION, CREATING NEW BUSINESS OWNERSHIP PLATFORM IN PARTNERSHIP WITH ABRAMS CAPITAL AND BC PARTNERS CREDIT
CONTEXTLOGIC HOLDINGS INC - TO BUY US SALT FOR $907.5 MILLION
CONTEXTLOGIC HOLDINGS INC - EXISTING SHAREHOLDERS TO HOLD 60% EQUITY POST-CLOSING
CONTEXTLOGIC HOLDINGS INC - RISHI BAJAJ STEPS DOWN AS CEO AND FROM BOARD
CONTEXTLOGIC HOLDINGS INC - MARK WARD APPOINTED PRESIDENT, STEPS DOWN FROM COMMITTEES
CONTEXTLOGIC HOLDINGS INC - INTENDS TO PURSUE LISTING ON A NATIONAL SECURITIES EXCHANGE FOLLOWING CLOSING OF TRANSACTION
Source text: ID:nGNX6XbkXh
Further company coverage: LOGC.PK
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