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Norsat shares climb after shareholder Privet ups takeover offer

Connectivity BusinessbyConnectivity Business
March 17, 2017
in Uncategorized
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Norsat International’s largest shareholder has increased its offer to take over the Canadian satcoms specialist by US$2.25 to US$10.25 per share, six months after its original approach. US hedge fund Privet, which controls about 17.6% of Norsat’s stock, made its preliminary US$8 per share offer back in September. Norsat International’s (TSX:NII) largest shareholder has increased its offer to take over […]

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Tags: Globecomm SystemsNorsat InternationalNorth AmericaPremiumPrivet Fund ManagementViasat
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