CounterPath (CPAH) to be Acquired by Alianza for $3.49/sh

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Go back to CounterPath (CPAH) to be Acquired by Alianza for $3.49/sh

CounterPath Enters into Definitive Agreement and Plan of Merger to be Acquired by Alianza, Inc.

December 7, 2020 7:50 AM EST

CounterPath Shareholders to Receive US$3.49 per Share in Cash

VANCOUVER, BC / ACCESSWIRE / December 7, 2020 / CounterPath Corporation (NASDAQ: CPAH)(TSX:PATH) ("CounterPath" or the "Company"), a global provider of award-winning Unified Communications and Collaboration (UCC) solutions for enterprises and service providers, today announced that it has entered into a definitive Agreement and Plan of Merger (the "Merger Agreement") with Alianza, Inc. ("Alianza"), a leading cloud communications platform for service providers, pursuant to which Alianza has agreed to acquire CounterPath in an all-cash transaction (the "Transaction") for US$3.49 per share (the "Merger Consideration"),... More