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Home Information from RSS News - RSS Siemens announces agreement to acquire Canadian network supplier RuggedCom Inc.

Siemens announces agreement to acquire Canadian network supplier RuggedCom Inc.

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Siemens has entered into an agreement with RuggedCom Inc. (TSX: RCM) to acquire all of the issued and outstanding common shares of RuggedCom by way of a friendly, board-supported takeover bid. The Canadian company listed on the Toronto Stock Exchange is a leading provider of communications and networking solutions for harsh industrial environments. The takeover bid is for C$33.00 per common share in cash, or a total transaction value of approximately C$382 million....

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