Antitrust OK in Hand, Control4 Sets July 30 'Special Meeting' for Vote on SnapAV Deal
Control4's 4 board unanimously recommends shareholders approve the company's proposed acquisition by SnapAV (see 1905090052), said a definitive proxy statement Friday at the SEC scheduling a July 30 "special meeting" at Control4's Salt Lake City headquarters for a shareholder vote…
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on the transaction. If the deal is completed, Control4 shares will be converted to $23.91 in cash, it said. Antitrust authorities cleared the way for SnapAV to buy Control4, said an FTC early termination notice dated June 11 that ended the transaction’s Hart-Scott-Rodino waiting period.