Armada Data (TSE:ARD) has released an update.
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Armada Data Corporation has announced an acquisition agreement to go private, offering a significant premium over recent trading prices for its common shares. The proposed transaction, involving key insiders, will see shareholders vote on the amalgamation plan, which requires regulatory approval and customary conditions to proceed.
For further insights into TSE:ARD stock, check out TipRanks’ Stock Analysis page.