April 16, 2018 / 1:06 PM / 8 months ago

BRIEF-Daseke Says Under Terms Of Agreement, Daseke Will Pay C$0.90 (US$0.71) Per Share Plus Assumption Of Aveda Debt

April 16 (Reuters) - Daseke Inc:

* DASEKE TO ACQUIRE AVEDA TRANSPORTATION AND ENERGY SERVICES

* DASEKE INC - UNDER TERMS OF AGREEMENT, DASEKE WILL PAY C$0.90 (US$0.71) PER SHARE PLUS ASSUMPTION OF AVEDA DEBT

* DASEKE INC - IN ADDITION, UP TO C$0.45 PER SHARE IN CASH CONTINGENT CONSIDERATION TO BE PAID BASED ON EBITDA EARNINGS

* DASEKE - AVEDA SHAREHOLDERS WILL HAVE CHOICE OF ACCEPTING CASH, EQUIVALENT IN DASEKE STOCK, OR A COMBINATION

* DASEKE - AGREEMENT UNANIMOUSLY APPROVED BY BOTH COS’ BOARDS, INCLUDING AVEDA’S LARGEST SHAREHOLDERS, WERKLUND CAPITAL AND WERKLUND VENTURES LTD Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below