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Article: GN Netcom Signs Agreement to Acquire Hello Direct.
- Article from:
- PR Newswire
- Article date:
- October 4, 2000
CopyrightCOPYRIGHT 2000 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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COPENHAGEN, Denmark, Oct. 4 /PRNewswire/ --
GN Netcom, a leader in hands-free communications technologies with headquarters in Copenhagen, Denmark, announced today it has entered into a definitive merger agreement to acquire Hello Direct, Inc. (Nasdaq: HELO), a leading developer and business- to-business direct marketer of desktop telephony and equipment interface products. GN Netcom is a wholly-owned subsidiary of GN Great Nordic Ltd.
Under the terms of the agreement, GN Netcom will acquire all outstanding shares of Hello Direct common stock for $16.40(USD) per share. GN Great Nordic (through a wholly-owned subsidiary of GN Netcom) will begin a tender ...
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