BRIEF-SMART Technologies announces update on Foxconn agreement

Fri Sep 9, 2016 9:54am EDT
 
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Sept 9 (Reuters) - SMART Technologies Inc

* Smart technologies announces update regarding plan of arrangement

* Smart technologies says co and foxconn technology group are in process of negotiating short extension to closing date contemplated under arrangement agreement

* Says smart anticipates closing of arrangement will occur by no later than september 14, 2016

* Smart technologies says short extension to closing date contemplated under arrangement agreement to facilitate funding of cash consideration payable by foxconn Source text for Eikon: Further company coverage: