Cellcom has Golan Telecom deal for $172.4M [Seeking Alpha]
Instructure Holdings, Inc. (INST)
Last instructure holdings, inc. earnings: 2/28 04:46 pm
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Source: Seeking Alpha
Tech | M&A On the Move Cellcom has Golan Telecom deal for $172.4M Feb. 18, 2020 3:47 PM ET Cellcom Israel Ltd. (CEL) Jason Aycock Cellcom Israel ( +7.4% binding memorandum of understanding The news follows the earlier announcement that the two were in discussions for a deal Cellcom will pay in two installments: 413M shekels on completing the transaction, and 177M shekels within three years. It's depositing 8.2M shares with a trustee for escrow. Also, on closing Cellcom will pay Golan Telecom shareholders an amount equal to Golan net liquidity, and 7.58M shekels per month for the period between the closing and Dec. 31, 2020, along with return on investments made by Golan into a 5G shared network from the date the MOU was signed until closing. See all stocks on the move » Now read: Instructure board votes against new Thoma Bravo bid »
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Earnings
- 2/20/24 - Beat
INST
Sec Filings
- 4/12/24 - Form 8-K/A
- 3/5/24 - Form 4
- 3/5/24 - Form 4
- INST's page on the SEC website