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Article: Sencore and WEGENER Enter into Letter of Intent Regarding Potential Acquisition of WEGENER.
- Article from:
- Mergers & Acquisitions Week
- Article date:
- August 5, 2009
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Sencore, Inc. and Wegener Corporation (NASDAQ:WGNR), announced they have entered into a non-binding letter of intent regarding a possible acquisition of Wegener by Sencore.
The acquisition, if completed, would result in a combined company with a best in class management team with tremendous industry knowledge in the content delivery market to offer expanded products for customers, operational efficiencies and converged technology. "I am excited to explore a possible acquisition of Wegener Corporation by Sencore," stated John Suranyi, CEO of Sencore, Inc. "Wegener's employees, products and markets will be an excellent complement to Sencore's content delivery ...
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