Feb 23 (Reuters) - Halogen Software Inc HGN.TO
* Board supports an all-cash purchase price of C$12.50 per share
* Halogen Software to be acquired by Saba Software
* Deal for for C$12.50 in cash per share implying an aggregate fully-diluted equity value for halogen of approximately C$293 million
* Deal contemplates Saba and Vector Capital, together with their affiliates, to acquire all of issued, outstanding shares of halogen
* Agreement also provides for payment of a termination fee of $10.25 million
* Michael Slaunwhite and parties related to him collectively own approximately 32 pct of Halogen's outstanding shares
* Agreement also provides for reverse termination fee of $20.5 million, in certain circumstances
* Slaunwhite, parties related to him will be re-investing up to 6.8 million shares worth of their current ownership into combined entity
* Slaunwhite will become chairman of combined company and will be one of its largest independent shareholders Source text for Eikon: ID:nCNW6k5h3a Further company coverage: HGN.TO
(Bangalore.newsroom@thomsonreuters.com)