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BRIEF-Privet Fund Management sends revised proposal to acquire Norsat International for $11 per share
May 15, 2017 / 11:29 AM / 5 months ago

BRIEF-Privet Fund Management sends revised proposal to acquire Norsat International for $11 per share

May 15 (Reuters) - Norsat International Inc

* Privet Fund Management Llc sends revised proposal to acquire Norsat International Inc for us$11.00 per share

* Privet Fund Management says Privet’s proposal is not subject to diligence or financing conditions

* Privet Fund Management- will provide all of equity capital necessary for proposal and has received a debt commitment to finance a portion of consideration

* Privet Fund says if Norsat continues to move forward with hytera deal, privet has “substantial doubt” that the arrangement will be approved by shareholders Source text for Eikon: Further company coverage:

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