GoPro announces merger plan with Starman Optical Inc.
After announcing plans to seek a buyer, GoPro Inc. announced plans to merge with Starman Optical Inc., a privately held optical-photonics company. In connection with the proposed transaction, GoPro shareholders will receive an aggregate cash payment of $285 million, or $1.14 per share, subject to potential adjustment based on GoPro’s net working capital at closing and will maintain ownership of...
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