SMART Technologies (SMT) Posts Wider Q4 Loss
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SMART Reports Annual and Fourth Quarter 2016 Financial Results
May 26, 2016 9:18 AM EDTCALGARY, May 26, 2016 /PRNewswire/ - SMART Technologies Inc. (NASDAQ: SMT) (TSX: SMA) ("SMART" or the "Company"), a leading provider of collaboration solutions, today announced financial results for its fourth quarter and fiscal year ended March 31, 2016.
Q4 and FY16 Financial Results
GAAP Results
(US$ millions except
Three months ended Mar. 31,
Twelve months ended Mar. 31,
per share amounts)
... MoreSMART Enters into Arrangement Agreement with Foxconn Technology Group
May 26, 2016 9:06 AM EDTCALGARY, May 26, 2016 /PRNewswire/ - SMART Technologies Inc. (NASDAQ: SMT) (TSX: SMA) ("SMART" or the "Company"), a leading provider of collaboration solutions, and Foxconn Technology Group ("Foxconn") today announced they have entered into an arrangement agreement (the "Arrangement Agreement") under which Foxconn has agreed to acquire all of the outstanding common shares of SMART ("Common Shares") for a cash payment of US$4.50 per Common Share (the "Arrangement"). The US$4.50 per Common Share purchase price represents a premium of approximately 21% to the volume weighted average... More
