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whytestocks

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whytestocks

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Monday, 05/13/2019 12:30:36 PM

Monday, May 13, 2019 12:30:36 PM

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News: $KVHI KVH Announces the Sale of Videotel for $90 Million to Focus on Core Strategic Initiatives

MIDDLETOWN, R.I., May 13, 2019 (GLOBE NEWSWIRE) -- KVH Industries, Inc., (Nasdaq: KVHI), today announced that it has sold its maritime training business, the Videotel group of companies, to an affiliate of Oakley Capital for a base purchase price of $90 million, on a cash-free, debt-free ba...

Read the whole news https://marketwirenews.com/news-releases/kvh-announces-the-sale-of-videotel-for-90-million-to-focus-on-core-strategic-initiatives-8172130.html
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