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BRIEF-Catalyst Capital Group Comments On Braslyn Ltd Offer To Acquire Outstanding Publicly Held Common Shares Of Callidus Capital Corporation

Published 2018-12-06, 08:26 p/m
Updated 2018-12-06, 08:30 p/m
BRIEF-Catalyst Capital Group  Comments On Braslyn Ltd Offer To Acquire Outstanding Publicly Held Common Shares Of Callidus Capital Corporation

Dec 6 (Reuters) -

* THE CATALYST CAPITAL GROUP INC. COMMENTS ON BRASLYN LTD. OFFER TO ACQUIRE OUTSTANDING PUBLICLY HELD COMMON SHARES OF CALLIDUS CAPITAL CORPORATION

* CATALYST CAPITAL GROUP- CO ON BRASLYN LTD OFFER SAYS WILL NOT TENDER TO OFFER AND WILL MAINTAIN OWNERSHIP POSITION

* CATALYST CAPITAL GROUP-CO NOT MAKING OFFER,DOES NOT INTEND TO TENDER SHARES INTO OFFER AND WILL MAINTAIN ITS EXISTING 72% SHARE OWNERSHIP OF CALLIDUS

* CATALYST CAPITAL GROUP-INTENDS TO COOPERATE AS NECESSARY TO PERMIT PUBLIC SHAREHOLDERS TO OBTAIN BENEFIT OF OFFER AND PERMIT PRIVATIZATION OF CALLIDUS

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