says buys out of earn-out obligations with Orion Foundry

Tue Aug 16, 2016 9:16am EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

Aug 16 (Reuters) - Inc

* Perk Inc announces buyout of earn-out obligations under asset purchase agreement with Orion Foundry (Canada) Inc

* Co has bought out remaining EBITDA based earn-out obligations owing by Canada Inc to Orion Foundry

* Under terms of purchase and sale agreement, Perk Canada was required to pay Orion percent of EBITDA generated from purchased assets until april 2018 Source text for Eikon: Further company coverage: (