Welcome To The Superclick Inc. HUB On AGORACOM
Network Management since 2001
Message: Superclick Announces Definitive Agreement to Be Acquired by AT&T Subsidiary
|September 26, 2011 - 9:00 AM EDT||
Superclick Announces Definitive Agreement to Be Acquired by AT&T Subsidiary
MONTREAL--(Marketwire - September 26, 2011) - Superclick, Inc. ( OTCBB : SPCK ), a technology leader in IP infrastructure management and converged network design solutions, today announced that it has entered into a definitive agreement under which a subsidiary of AT&T will acquire Superclick, Inc. in a cash transaction currently valued at approximately $15 million. The agreement has been approved to proceed to shareholder vote by the Board of Directors of Superclick.
"Superclick is committed to delivering world class network management solutions to its customers. Under the leadership of our Founder, President and CEO Sandro Natale, we have developed the deepest and most reliable capabilities for network monitoring and management in the market today. It is an honor to have received this offer from AT&T, known around the world for being a trusted business leader in their field. We are confident that this transaction will allow our business to continue to flourish and that our technology will see wide adoption across many applications," said Todd Pitcher, Chairman of Superclick.
Headwaters MB is acting as financial advisor to Superclick on the transaction.
For a more detailed explanation of the transaction, please review today's Form 8-K filed with the Securities and Exchange Commission and visit the investor relations page of the Company's website at www.superclick.com/stock-information.
About Superclick, Inc.
Additional Information and Where to Find It
Participants in the Solicitation
Additional information regarding the interests of participants in the solicitation of proxies in connection with the merger will be included in the proxy statement that Superclick intends to file with the SEC.
Source: Marketwire Canada (September 26, 2011 - 9:00 AM EDT)
News by QuoteMedia
Please login to post a reply