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KORE Announces Receipt of Non-Binding Letter Relating to Acquisition of Common Stock
- KORE Group Holdings, Inc. received a non-binding letter from Searchlight Capital Partners and Abry Partners regarding an acquisition proposal for outstanding shares at $5.00 per share.
- A Special Committee was formed by the Board to assess this proposal and potential strategic transactions.
- KORE does not guarantee that this letter will lead to a transaction.
- The company will not comment further until a decision is made.
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Kingsport Times-News+39 Reposted by 39 other sources
KORE Announces Receipt of Non-Binding Letter Relating to Acquisition of Common Stock
ATLANTA, Nov. 4, 2025 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE: KORE) ("KORE" or the "Company")), the global pure-play Internet of Things ("IoT") hyperscaler and leading provider of IoT Connectivity, Solutions, and Analytics, today announced that a Special Committee (the…
Coverage Details
Total News Sources41
Leaning Left3Leaning Right5Center8Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 19%
C 50%
R 31%
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