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MITEL NETWORKS CORPORATION SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation of Buyout
Posted on Friday June 22, 2018
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors (“Board”) of Mitel Networks Corporation (“Mitel” or the “Company”) (NASDAQ GS: MITL) related to the Company’s entry into an agreement to be acquired by an investor group led by affiliates of Searchlight Capital Partners, L.P. (“Searchlight”) in a transaction valued at approximately $2.0 billion (the “Proposed Transaction”). On April 24, 2018, the Board caused Mitel to enter into an agreement (the “Arrangement Agreement”) with Searchlight. Pursuant to the terms of the Arrangement Agreement, shareholders of Mitel will receive $11.15 in cash for each share of Mitel common stock.
The Law Offices of Vincent Wong are investigating the Board of Directors of Mitel Networks Corporation for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to a group of investors led by affiliates of Searchlight Capital Partners, L.P.
Mitel Appoints Maria Blakeway as Vice President of Customer Success
Posted on Monday June 11, 2018
Mitel® (MITL) (MNW.TO) today announced the appointment of Maria Blakeway to the company’s senior leadership team as Vice President of Customer Success responsible for overseeing and expanding Mitel’s Customer Success Team. Blakeway’s appointment reflects Mitel’s continued investment in providing a superior customer experience for the company’s cloud customers as businesses increasingly move to Unified Communications as a Service (UCaaS) solutions.
[$$] Mitel 'Go-Shop' Period Ends With No New Bids
Posted on Friday June 08, 2018
Mitel Networks Corp. on Friday said its “go-shop” period expired with no new bids, paving the way for Searchlight Capital Partners’ $1.35 billion takeover of the Canadian business communications company....