TTI Telecom International has completed its previously announced sale to Deleware-based TEOCO, TEOCO Israel and TTI Telecom.

 

With the acquisition, TTI Telecom has become a private company through a merger with TEOCO and will de-list its shares from the NASDAQ.

 

Each ‎outstanding ordinary share and preferred share of TTI Telecom has been automatically ‎converted into the right to receive $3.00 in cash, without interest and less any applicable ‎withholding taxes.‎

 

‎

MORE ARTICLES ON M&A, TEOCO, TTI TELECOM