In the merger, shareholders of Salin will receive USD 87,417.17 in cash and 23,907.5 shares of Horizon
common stock for each share of Salin common stock, which, based upon the October 26, 2018 Horizon
closing price of USD 16.95 per share, the transaction has an implied valuation of approximately USD 135.3m.
Already active in supplying fuel cells for zero emission buses and delivery trucks in China, Horizon
sees material handling as an important long-term market, both for warehouse and port operations.
During the quarter ended September 30, 2018, Horizon
experienced liquidity events from four portfolio companies.
The new Horizon
4 suite of products includes a superfast set-top box with 4K Ultra HD picture quality, a remote-control with voice capabilities and an upgraded version of Liberty's 'GO' mobile app, which works together with the set-top box to deliver a seamless viewing experience.
The deal provides Horizon
North with immediate manufacturing capacity to meet increasing demand in the Modular Solutions division, and provides exposure to future opportunities to grow the modular business.
He will serve on Horizon
Bank's board of directors.
Read: (http://www.ibtimes.com/horizon-zero-dawn-dev-confirms-story-expansion-following-global-success-2510119) Horizon
: Zero Dawn Story Expansion Is In The Works
Under the terms of the agreement, Thermo Fisher will market and distribute Horizon
's X-Man human haploid and diploid isogenic cell line collection and will further offer Horizon
's X-Man haploid cell line generation service to its worldwide customer base with the exception of Japan.
Matson will fund the Horizon
transaction from cash on hand and available borrowings under its revolving credit facility.
USDA-Certified Organic snack crackers are available in Horizon
Organic Sandwich Crackers--Cheddar and Horizon
Organic Sandwich Crackers--Peanut Butter.
"With key acquisitions and partnerships, VMware is looking forward to portray itself as 'one-vendor' solution provider in the virtualisation marketplace with Horizon
6," said Ramesh Vantipalli, Head EUC India & Regional SE Manager - South, VMware India.