ActivIdentity/ASSA ABLOY
On October 11, 2010, ASSA ABLOY and ActivIdentity (Nasdaq: ACTI) announced that they have entered into an agreement whereby ASSA would acquire ActivIdentity for $3.25 per share, or a total consideration of $162 million.
The transaction is expected to close in December 2010.
Foros Securities LLC acted as exclusive financial adviser to ActivIdentity. Wilson Sonsini Goodrich & Rosati, P.C. acted as counsel to ActivIdentity.
The transaction is expected to close in December 2010.
Foros Securities LLC acted as exclusive financial adviser to ActivIdentity. Wilson Sonsini Goodrich & Rosati, P.C. acted as counsel to ActivIdentity.
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