Hollysys Reiterates Strong Support for Ascendent Deal; Provides Update on Engagement with Dazheng ...Middle East

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Hollysys Reiterates Strong Support for Ascendent Deal; Provides Update on Engagement with Dazheng
- Special Committee concluded Dazheng proposal was not superior after rigorous negotiations - Dazheng was unable to provide sufficient assurances around equity financing and last-minute introduction of yet another new member after multiple changes in its consortium composition raised...

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