April 24 (Reuters) - Mitel Networks Corp MNW.TO :
* MITEL NETWORKS CORP - MITEL ENTERS INTO DEFINITIVE ARRANGEMENT AGREEMENT TO BE ACQUIRED BY AFFILIATES OF SEARCHLIGHT CAPITAL PARTNERS FOR $2.0 BILLION
* MITEL NETWORKS CORP - MITEL SHAREHOLDERS TO RECEIVE $11.15 PER SHARE IN CASH
* MITEL NETWORKS CORP - ARRANGEMENT IS NOT SUBJECT TO A FINANCING CONDITION
* MITEL NETWORKS CORP - UPON COMPLETION OF DEAL, MITEL WILL BECOME A PRIVATELY HELD COMPANY
* MITEL NETWORKS CORP - MITEL BOARD WILL RECOMMEND THAT MITEL SHAREHOLDERS APPROVE ARRANGEMENT
* MITEL NETWORKS CORP - ARRANGEMENT AGREEMENT INCLUDES A 45-DAY "GO-SHOP" PERIOD
* MITEL NETWORKS CORP - IN LIGHT OF ENTERING INTO ARRANGEMENT AGREEMENT, CO WILL NOT HOLD A Q1 2018 CONFERENCE CALL