The original ANS/SDL transaction resulted in SDL becoming debt free and controlled by ANS. However recent SDL announcements state they are now opting to execute the note holders agreement - debt for equity.
If this does in fact get completed prior to the ANS/SDL transaction (assuming this goes ahead for sake of argument), it will be interesting to see the terms of the deal given that SDL will then be debt free. Anyone got any thoughts on this?
ANS Price at posting:
1.7¢ Sentiment: Hold Disclosure: Held
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