Novitex In Merger Deal

Agree to Combine Novitex and SourceHOV with Quinpario Acquisition Corp. 2 to Form Exela Technologies; Transaction Valued at $2.8 Billion

SourceHOV, LLC, Novitex Holdings, Inc. and Quinpario Acquisition Corp. 2 announced that they will combine to create a leading industry-solutions provider for financial technology and business services, delivering mission critical, technology-enabled multichannel information services to over 3,500 blue-chip customers in 55 countries.

The parties have entered into a definitive business combination agreement for the proposed transaction, which is expected to close during the second quarter of 2017 … (click to read more)