August 16, 2016 / 1:17 PM / in a year

BRIEF-Perk.com says buys out of earn-out obligations with Orion Foundry

Aug 16 (Reuters) - Perk.com 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 Perk.com 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: (Bangalore.newsroom@thomsonreuters.com)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below