Fredrikson & Byron Represents Sajan in its Sale to AMPLEXOR International
Fredrikson & Byron acted as legal counsel to Sajan Inc. (NASDAQ: SAJA), a full-service language translation and localization services provider, in its merger agreement with AMPLEXOR International SA, a leading digital solution provider headquartered in Luxembourg. Sajan shareholders will receive $5.83 per share in cash for each share of Sajan common stock, representing a 46 percent premium over Sajan’s closing price as of April 25, 2017. With the signing of the merger agreement, the next step will be a special meeting of Sajan’s shareholders to approve the merger, which is expected to occur in July 2017, with closing of the transaction anticipated to occur shortly thereafter.
Read the news release.