BRIEF-Prism Medical Ltd. announces increase in consideration to be received by shareholders in connection with previously announced acquisition

Thu Aug 4, 2016 9:17pm EDT
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Aug 4 (Reuters) - Prism Medical Ltd

* Termination fee payable by Prism Medical to handicare under the amended arrangement agreement will be $3 million

* Substantially all other terms of arrangement agreement remain unchanged

* Says total equity purchase price is approximately $71 million

* Increase in to $14/share followed co having received an unsolicited acquisition proposal from a third party

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