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Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Tue., Mar. 19, 3:53 AM

Slide #32. Battery Ventures TrueContext Corporation

Acquirer: Battery Ventures
Acquiree: TrueContext Corporation (CVE:TCXT.CA)
Details: TrueContext Corporation ("TrueContext" or the "Company") (TSXV:TCXT), a global leader in field intelligence, is pleased to announce that the Company and an entity (the "Buyer") controlled by Battery Ventures ("Battery") have entered into an arrangement agreement (the "Arrangement Agreement") whereby the Buyer will acquire all of the issued and outstanding common shares of the Company (the "Shares") for $1.07 per share in cash (the "Consideration") by way of a statutory plan of arrangement under the Business Corporations Act (Ontario) (the "Transaction"). Upon completion of the Transaction, TrueContext will become a privately held company.



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Company Name:  Truecontext Corporation
Sector:  Application Software
 

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March 19, 2024    3:53 AM Eastern
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