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 further questions that could not be resolved – Special Committee strongly disagrees with flawed ISS and […]