Quebec’s Wanted Technologies to be acquired by NYSE-listed CEB for $45-million – Cantech Letter

Quebec’s Wanted Technologies to be acquired by NYSE-listed CEB for $45-million – Cantech Letter

Shares of Wanted Technologies (TSXV:WAN) are up sharply today after the company announced it would be acquired by New York Stock Exchange-listed CEB. Shareholders of Wanted will receive $1.79 per share, a 53% premium over yesterday’s closing price of $1.17. Total consideration is approximately (C)$45-million. “This transaction delivers financial value for our shareholders and strategic …

http://www.cantechletter.com/2015/09/quebecs-wanted-technologies-to-be-acquired-by-nyse-listed-ceb-for-45-million/