Quisitive Announces Agreement to Sell BankCard USA [Financial Post (Toronto, Ontario, Canada)]
Bank Of Montreal (BMO)
Last bank of montreal earnings: 2/25 06:00 am
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Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. Transaction Simplifies Company into a Pure-Play Microsoft Cloud and AI Solutions Provider Improved Financial Profile with US$35 million Debt Reduction Pro Forma Adjusted EBITDA of US$16.4 million Meaningful Growth Initiatives in Microsoft Artificial Intelligence Services and Recurring Revenue TORONTO, March 27, 2024 (GLOBE NEWSWIRE) — Quisitive Technology Solutions Inc. (“Quisitive” or the “Company”) (TSXV: QUIS, OTCQX: QUISF), a premier Microsoft Cloud and AI solutions provider, announced that it has entered into a definitive stock purchase agreement dated March 27, 2024 (the “ Agreement ”) pursuant to which Quisitive has agreed to sell its BankCard USA Merchant Services, Inc. (“ BankCard ”) business unit (the “ Transaction ”) to BUSA Acquisition Co. (the “ Acquiror ”), a Nevada incorporated entity owned by a consortium of current employees of BankCard, including
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