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BRIEF-Rightside and Donuts announce definitive merger agreement
June 14, 2017 / 12:47 PM / 5 months ago

BRIEF-Rightside and Donuts announce definitive merger agreement

June 14 (Reuters) - Rightside Group Ltd

* Rightside and Donuts announce definitive merger agreement

* Donuts to acquire Rightside for $10.60 per share in cash

* Transaction valued at approximately $213 million

* Merger agreement was unanimously approved by Rightside’s board of directors

* ‍rightside will become a wholly-owned subsidiary of Donuts, a privately-held company​

* Pursuant to terms of merger agreement, transaction will be completed through an all-cash tender offer

* Transaction does not have a financing condition Source text for Eikon: Further company coverage:

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