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TELECOMMUNICATION SYSTEMS INC (TSYS) Create: Alert

All | News | Filings
Date FiledTypeDescription
11/23/2015 8-K Amended existing or entered into new employment agreement with an officer
Docs: "Agreement and Plan of Merger, among Comtech Telecommunications Corp., Typhoon Acquisition Corp. and TeleCommunication Systems, Inc",
"Amendment, to Employment Agreement between TeleCommunication Systems, Inc. and Maurice B. Tosé",
"Tender and Support Agreement, among Comtech Telecommunications Corp., Typhoon Acquisition Corp., TeleCommunication Systems, Inc. and Maurice B. Tosé",
"Tender and Support Agreement, among Comtech Telecommunications Corp., Typhoon Acquisition Corp., TeleCommunication Systems, Inc. and Jon B. Kutler",
"Comtech Telecommunications Corp. to Acquire TeleCommunication Systems, Inc. for $430.8 Million in a Strategic and Cash Accretive Transaction Melville, NY and Annapolis, MD – November 23, 2015 - Comtech Telecommunications Corp. and TeleCommunication Systems, Inc. jointly announced today the signing of a definitive merger agreement under which Comtech will purchase TCS in a cash transaction for $5.00 per TCS share, or approximately a $430.8 million enterprise value. The $5.00 price per share represents a premium of 13.9% as compared to the last closing trading price of TCS common stock, a premium of 28.6% as compared to the volume-weighted average trading price over the last ninety trading days and a premium of 35.1% as compared to the last closing trading price one day after TCS’ s July 6, ..."

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