Serko Ltd. (SERKF) has released an update.
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Serko Ltd. is set to acquire Sabre’s interest in GetThere L.P. for a total of USD 12 million, potentially issuing new shares as part of the payment. The deal includes an upfront cash payment and a possible deferred payment through cash or shares, with additional performance-based bonuses. The share issuance is designed to avoid significant changes in Serko’s control structure.
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