MiX Telematics Concludes Strategic Review Process
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Mix Telematics Limited (MIXT) Concludes Strategic Review; Will Reintroduce Dividend Payment
August 26, 2015 6:12 AM EDTMix Telematics Limited (NYSE: MIXT) announced that its Board of Directors has concluded its previously announced review of the Company's strategic alternatives.
This extensive review, conducted with guidance from external advisors, included the optimization of capital structures and an evaluation of various ownership options, with the latter resulting in significant interest from prospective buyers. At the completion of the process, the Board of Directors concluded that continuing to execute on the Companys strategic... More
