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BRIEF-Sandvine terminates agreement with Scalar Acquireco

Published 2017-07-17, 01:28 p/m
© Reuters.  BRIEF-Sandvine terminates agreement with Scalar Acquireco
SVC
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July 17 (Reuters) - Sandvine Corp SVC.TO :

* Sandvine announces termination of arrangement agreement with Scalar Acquireco Corp

* Termination fee paid to Scalar's affiliate was C$16.9 million

* In connection with termination of arrangement agreement, company paid CAD$16.9 million to an affiliate of Scalar

* Terminated previously announced amended and restated arrangement agreement between company and scalar dated May 26

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