May 15 (Reuters) - Norsat International Inc NII.TO
* Privet Fund Management Llc sends revised proposal to acquire Norsat International Inc for us$11.00 per share
* Privet Fund Management says Privet's proposal is not subject to diligence or financing conditions
* Privet Fund Management- will provide all of equity capital necessary for proposal and has received a debt commitment to finance a portion of consideration
* Privet Fund says if Norsat continues to move forward with hytera deal, privet has "substantial doubt" that the arrangement will be approved by shareholders Source text for Eikon: ID:nCNWht85Ma Further company coverage: NII.TO