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Gores Holdings II Inc (GSHT.OQ)

GSHT.OQ on NASDAQ Stock Exchange Capital Market

10.30USD
15 Aug 2018
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Latest Key Developments (Source: Significant Developments)

Verra Mobility - Entered Into A Definitive Agreement And Plan Of Merger With Gores Holdings II
Thursday, 21 Jun 2018 

June 21 (Reuters) - Gores Holdings II Inc ::VERRA MOBILITY - ENTERED INTO A DEFINITIVE AGREEMENT AND PLAN OF MERGER WITH GORES HOLDINGS II, INC.VERRA MOBILITY SAYS TO BE PUBLICLY LISTED COMPANY WITH $2.4 BILLION ENTERPRISE VALUE UPON CONSUMMATION OF TRANSACTION.VERRA MOBILITY SAYS CONSIDERATION PAYABLE TO STOCKHOLDERS OF VERRA MOBILITY WILL HAVE COMBINATION OF CASH AND SHARES OF GORES HOLDINGS II COMMON STOCK.VERRA MOBILITY SAYS TRANSACTION HAS BEEN UNANIMOUSLY APPROVED BY BOARDS OF DIRECTORS OF BOTH GORES HOLDINGS II AND THE COMPANY.VERRA MOBILITY SAYS UPON CLOSING OF TRANSACTION, NAME OF GORES HOLDINGS II WILL BE CHANGED TO VERRA MOBILITY CORPORATION.  Full Article

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