In July, Siris
Capital affiliates submitted a unilaterally binding offer to acquire all outstanding shares of US-based content management firm Polycom for a price of USD 12.
Commenting on the transaction closure, Hubert de Pesquidoux, Siris
Capital executive partner and Xuras new executive chairman, said: With its broad product portfolio and industry-renowned technology, which has underpinned mobile messaging for many years, Xura is well-positioned to continue to bring value to the 300+ customers it supports and the broader digital ecosystem.
Capital focuses on making control investments in data, telecommunications, technology and technology-enabled business service companies.
Under the terms of this new merger agreement between the company and Siris
, outstanding shares of common stock of Polycom will be exchanged for USD12.
There is no guarantee that this process will result in a superior proposal, and the merger agreement provides Siris
with a customary right to match a superior proposal.
M2 EQUITYBITES-December 4, 2015-PGi Wins Shareholder Nod for Siris
com/cases/tklc) is investigating potential claims against the board of directors of Tekelec ("Tekelec" or the "Company") (NASDAQ: TKLC) concerning possible breaches of fiduciary duty and other violations of law related to the Company's efforts to sell Tekelec to a consortium led by Siris
Capital Group, LLC in a transaction valued at $780 million.
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NYSE: PGI) has entered into a definitive agreement to be acquired by funds managed or advised by US-based private equity firm Siris
Capital Group, LLC in a transaction valued at approximately USD 1bn, the company said.
DALLAS -- Kendall Law Group, led by former federal judge Joe Kendall, is investigating Tekelec (NASDAQ: TKLC) for shareholders in connection with the proposed acquisition by Siris
Capital Group, LLC.
ATLANTA -- Holzer Holzer & Fistel, LLC is investigating whether the directors of Tekelec ("Tekelec" or the "Company") (NASDAQ: TKLC) complied with their fiduciary duties in approving the proposed acquisition of the Company by Siris
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, cig 638345735c.