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BRIEF-ID Watchdog to be acquired by Equifax Inc
June 16, 2017 / 6:35 PM / 5 months ago

BRIEF-ID Watchdog to be acquired by Equifax Inc

June 16 (Reuters) - ID Watchdog Inc

* ID Watchdog signs definitive agreement to be acquired by equifax inc.

* ID Watchdog Inc - subsidiary of Equifax Inc will acquire all of issued and outstanding ordinary shares of company

* ID Watchdog Inc - deal for USD $63.3 million in cash

* ID Watchdog Inc - deal for approximately USD$0.40 per ordinary share

* ID Watchdog Inc- transaction is structured as a statutory merger and is expected to be completed in Q3 of 2017

* ID Watchdog Inc - merger agreement contains a non-solicitation covenant on part of id watchdog, subject to customary “fiduciary out” provisions

* ID Watchdog Inc - Equifax will be entitled to a termination payment of $2.1 million Source text for Eikon: Further company coverage:

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