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BRIEF-Ciber, on June 8, co, HTC Global Ventures entered into first amendment to asset purchase agreement
June 9, 2017 / 11:53 AM / 3 months ago

BRIEF-Ciber, on June 8, co, HTC Global Ventures entered into first amendment to asset purchase agreement

June 9 (Reuters) - Ciber Inc

* Ciber - on June 8, co, HTC Global Ventures LLC entered into first amendment to asset purchase agreement - sec filing

* Ciber Inc - amendment increased assumption of certain liabilities of company and reduced cash purchase price from $93.0 million to $90.7 million - sec filing

* Ciber Inc - ‍ closing of asset sale contemplated under asset purchase agreement, as amended, occurred on June 8, 2017​

* Ciber- ‍ proceeds of sale were used in part to pay in full $35.7 million outstanding under dip financing which was terminated upon closing of asset sale​

* Ciber - company is evaluating its options with respect to the sale of the remaining immaterial assets and winddown of the company Source text (bit.ly/2rIvnnL) Further company coverage:

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