Pursuant to the terms of the merger agreement, Syniverse’s stockholders are entitled to receive $31 in cash, without interest, less any applicable withholding taxes, for each share of Syniverse common stock owned by them.
As a result of the merger, Syniverse’s common stock will no longer be listed for trading on the New York Stock Exchange.
Equity capital for the transaction came from Carlyle Partners V, a $13.7bn US buyout fund, and debt provided by Barclays Capital, Credit Suisse, Goldman Sachs, and Sumitomo Mitsui Banking Corporation.
