Mitel closes Searchlight Capital Partners transaction 

Mitel has closed the Searchlight Capital Partners transaction which saw Searchlight acquire all of the outstanding common shares of Mitel for $11.15 per share.
Rich McBee, President and Chief Executive Officer of Mitel, said: “We are excited for Mitel to begin this new chapter. Searchlight shares our vision to continue our move-to-the-cloud strategy.”
The shares ceased trading on the Toronto Stock Exchange and were delisted from the TSX will cease trading as of today on the Nasdaq.

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