Idis Co., Ltd. and Costar Technologies Inc. have entered into a definitive agreement and plan of merger pursuant to which Costar will be acquired by Idis in a merger transaction. Under the Merger Agreement, Idis will pay approximately $23.2 million, subject to customary purchase price adjustments, inclusive of approximately $13.0 million to retire Costar’s bank debt and with the remainder going to the holders of Costar common stock and vested options after payment of transaction expenses. The Merger Agreement has […]