Private Equity Firm Acquires Additional RRsat Shares for $9.4 Million
2014年4月10日 - 8:00PM
Marketwired
Private Equity Firm Acquires Additional RRsat Shares for $9.4
Million
Viola Group Acquires Additional 6.6% of RRsat
AIRPORT CITY BUSINESS PARK, ISRAEL--(Marketwired - Apr 10, 2014)
- RRsat Global Communications Network Ltd. (NASDAQ: RRST), a
leading provider of digital content management and global content
distribution services to the broadcasting industry, announced today
that Viola Group, Israel's premier technology private equity
investment group with over $2 billion under management, increased
its ownership stake in RRsat by acquiring an additional 6.6%
interest from Kardan Communications Limited for a total investment
of $9.4 million.
"The increased ownership position reflects a significant,
ongoing vote of confidence by a leading private equity investment
group," commented Avi Cohen, RRsat's Chief Executive Officer.
Following this transaction, Viola Group owns approximately 28.6%
of RRsat's shares. This latest acquisition by Viola Group follows
its previously reported acquisitions during 2013 of 15% of RRsat's
shares from Kardan Communications and 7% of RRsat's shares from
David Rivel, RRsat's founder, director and former Chief Executive
Officer.
About RRsat RRsat Global Communications Network Ltd. (NASDAQ:
RRST) provides global, end-to-end, digital content preparation and
management, as well as content distribution services to the rapidly
expanding broadcasting industry, covering more than 150 countries.
Through its Global Network, composed of satellite and terrestrial
fiber optic capacity and the public Internet, RRsat provides
high-quality and flexible global content distribution 24 by 7
services to more than 630 channels reaching multiplatform
operators, Internet TV and direct-to-home viewers worldwide. In
addition, the company offers worldwide content management and
distribution services for sports, news and other live events. More
than 130 channels use RRsat's advanced production and playout
centers, comprising of comprehensive media asset management
services. Visit the company's website www.rrsat.com.
Safe Harbor Statement This press release contains forward
looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. These forward-looking
statements involve known and unknown risks and uncertainties and
are based on current expectations, assumptions, estimates and
projections about the companies and the industry as of the date of
this press release. We undertake no obligation to update
forward-looking statements to reflect subsequent occurring events
or circumstances, or to changes in our expectations, except as may
be required by law. Forward-looking statements are subject to risks
and uncertainties that may cause actual results to differ
materially from those contemplated by the forward-looking
statements, including the risks indicated in our filings with the
Securities and Exchange Commission (SEC). For more details, please
refer to our SEC filings and the amendments thereto, including our
Annual Report on Form 20-F for the year ended December 31, 2013 and
our Current Reports on Form 6-K.
Company Contact: Shmulik Koren CFO Tel: +972 3 928 0777
Email: Email Contact Investor Contacts: Hayden/ MS - IR Brett Maas/
Miri Segal-Scharia Tel: 646-536-7331/ 917-607-8654 Email Contact/
Email Contact
(MM) (NASDAQ:RRST)
過去 株価チャート
から 5 2024 まで 6 2024
(MM) (NASDAQ:RRST)
過去 株価チャート
から 6 2023 まで 6 2024