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Client Work

Comlink sold to US interests for US$25 million

Fasken
Reading Time 1 minute read
Client

GMV Minerals Inc.

Negotiated and concluded the 2004 sale of Comlink to U.S. interests for about $25 million. The sale required the negotiation of the competing interests of the sellers' shareholders, namely the founders, the Caisse de dépôt et placement du Québec and Silent Witness Enterprises Ltd. The business designed and manufactured audio-visual and computer security equipment. The sale was carried out for such consideration as shares in the capital stock of the purchaser, a corporation listed on NASDAQ, and required the negotiation of ancillary price and liquidity guarantees.