The latest update is out from DecisionPoint Systems (DPSI).
Upon the completion of a merger, a significant loan agreement between the involved company and MUFG Union Bank was terminated, with all debts fully repaid and associated commitments, liens, and guarantees dissolved. Concurrently, each share of the company’s common stock was converted into a cash entitlement of $10.22 per share, with stock options and restricted stock units similarly cashed out based on predetermined formulas. This merger led to the suspension of trading and the delisting of the company’s common shares from the NYSE American stock exchange.
For an in-depth examination of DPSI stock, go to TipRanks’ Stock Analysis page.
