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BRIEF-Brightpath Early Learning Inc says transaction is valued at approximately $145 million

Published 2017-05-23, 07:18 a/m
© Reuters. BRIEF-Brightpath Early Learning Inc says transaction is valued at approximately $145 million
BPE
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May 23 (Reuters) - Brightpath Early Learning Inc BPE.V :

* Brightpath Early Learning agrees to arrangement agreement with busy bees for the acquisition of all brightpath shares for cash consideration of $0.80 per share

* Brightpath Early Learning Inc says transaction is valued at approximately $145 million

* Brightpath Early Learning - board of directors of Brightpath has unanimously approved entering into arrangement agreement

* Brightpath Early Learning -in certain circumstances where agreement is terminated Brightpath has agreed to pay Eagle Bidco termination fee of $3.6 million Source text for Eikon: ID:nCNWG4Hzra Further company coverage: BPE.V

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