Related to Merger with Platinum Equity, Ulticom (ULCM) to Pay Special Dividend Prior to Closing
Ulticom, Inc. (NASDAQ: ULCM) today approved the merger agreement entered into in connection to the acquisition by affiliates of Platinum Equity, LLC.
Under the terms of the merger agreement, Ulticom’s public shareholders will receive $2.33 per share in cash, after payment of a special dividend by the Company of $5.74 per share.
The Company expects to pay the special dividend prior to the closing of the Platinum transaction which is expected to occur tomorrow.
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Under the terms of the merger agreement, Ulticom’s public shareholders will receive $2.33 per share in cash, after payment of a special dividend by the Company of $5.74 per share.
The Company expects to pay the special dividend prior to the closing of the Platinum transaction which is expected to occur tomorrow.
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