Bsquare shares are trading higher after the company agreed to be acquired by Kontron America for $1.90 per share, representing an implied equity value of approximately $38M.
Portfolio Pulse from Benzinga Newsdesk
Bsquare Corporation has agreed to be acquired by Kontron America for $1.90 per share, implying an equity value of around $38 million. This has led to a rise in Bsquare's share price.
October 12, 2023 | 10:45 am
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Bsquare's shares are trading higher after the company agreed to be acquired by Kontron America for $1.90 per share, implying an equity value of $38 million.
The acquisition announcement has led to a positive market reaction, causing Bsquare's share price to increase. This is due to the perceived value of the deal, which is seen as beneficial for Bsquare's shareholders.
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