TEOCO wraps up merger with TTI Telecom

TTI Telecom International has completed its previously announced sale to Deleware-based TEOCO, TEOCO Israel and TTI Telecom.
 
With the acquisition, TTI Telecom has become a private company through a merger with TEOCO and will de-list its shares from the NASDAQ.
 
Each ‎outstanding ordinary share and preferred share of TTI Telecom has been automatically ‎converted into the right to receive $3.00 in cash, without interest and less any applicable ‎withholding taxes.‎
 
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