Internet Gold Announces Update to Anticipated Schedule for Closing of the Searchlight Transaction
INTERNET GOLD GOLDEN (IGLD)
US:NASDAQ Investor Relations:
igld.com
Company Research
Source: GlobeNewswire
Ramat Gan, Israel, Oct. 28, 2019 (GLOBE NEWSWIRE) -- Internet Gold - Golden Lines Ltd. (the “Company” or “Internet Gold”) (NASDAQ Global Select Market and TASE: IGLD) today announced, further to the Company’s report dated October 17, 2019 regarding B Communications Ltd.'s (“BComm”) announcement of an updated anticipated schedule for closing of the Searchlight Transaction, that BComm announced an additional update to the anticipated schedule for closing of the Searchlight Transaction. According to BComm's announcement, the updated expected date for the closing of the Searchlight Transaction is November 14, 2019. There is no guarantee that all conditions to the closing of the Searchlight Transaction will be satisfied, including, among others, the issuance of a control permit to the Purchasers by the Israel Ministry of Communications. Accordingly, there is no guarantee that the Searchlight Transaction will be completed, and if completed, the timing of closing of the transaction. As
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