Wednesday, October 7, 2015

COM DEV International Ltd. - CDV.t

COM DEV International Ltd. - CDV.t is a global designer and manufacturer of space hardware. The company is a world leader in the production of space-qualified passive microwave equipment, specialized electronics and optical subsystems.

The company has over 1,100 employees at facilities in Canada, the United Kingdom and the United States.

On April 1, 2015 the company reported News

"2015-10-07 12:56 ET - News Release Mr. Jeff Codispodi reports


Com Dev International Ltd. has been made aware of press speculation regarding a possible acquisition transaction involving the company. In response to that press speculation, Com Dev acknowledges that, in connection with a review of its strategic alternatives, it has been involved in confidential discussions with third parties with respect to potential strategic transactions involving the company, with the assistance of its financial adviser, Canaccord Genuity. While such discussions are continuing, no assurance can be given that any transaction will be announced or completed. Com Dev does not intend to make further comment unless or until there is a transaction to announce.”