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Article: GVI Security Solutions, Inc. Agrees to be Acquired by GenNx360 Capital Partners for $0.38 Per Share In Cash.
- Article from:
- Mergers & Acquisitions Week
- Article date:
- November 4, 2009
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GVI Security Solutions, Inc., (BULLETIN BOARD: GVSS) , a leading provider of video security surveillance solutions featuring the complete Samsung Electronics line of products, announced that it has entered into a definitive agreement to be acquired and taken private by investment funds managed by GenNx360 Capital Partners, a leading global private equity firm focusing on middle market opportunities.
Under the terms of the merger agreement, an affiliate of GenNx360 will commence a tender offer to purchase for cash all of the outstanding shares of GVI common stock at a price of $0.38 per share, without interest and less any applicable withholding taxes, for a total ...