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COM DEV Announces Acquisition by Honeywell and Spin-out of exactEarth (COM DEV International Ltd)

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(Source: COM DEV International Ltd) fb21c36f-e207-4d20-bb1b-34ad4df64549.pdf COM DEV announces acquisition by Honeywell and spinout of exactEarth COM DEV shareholders to receive up to $5.25 in cash plus 0.1977 of a share of exactEarth Ltd., for an aggregate implied transaction value of up to $6.54 for each COM DEV share exactEarth to become standalone public company Transaction has unanimous approval of COM DEV Board of Directors Transaction delivers value creation to COM DEV shareholders and ensures that COM DEV's business will be continued under strong new ownership CAMBRIDGE, ON - November 5, 2015  COM DEV International Ltd. (TSX:CDV), a leading manufacturer of space hardware subsystems,...

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