Steel Partners to acquire remaining Steel Connect stock for $1.35 per share

Steel Partners Holdings has signed a definitive merger agreement to acquire the remaining common stock of Steel Connect for $1.35 per share in cash plus a contingent value right. The merger is expected to close in the second half of 2022, making Steel Connect a wholly owned subsidiary.

“Steel Partners Holdings L.P. a diversified global holding company and Steel Connect, Inc. today announced that they have signed a definitive merger agreement pursuant to which Steel Partners will acquire the remaining common stock of Steel Connect.”steel-technology.com

• 1 source
• steel-technology.comSteel partners and steel connect enter into definitive merger agreementJun 14, 2022

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