Quarterhill Inc TSX:QTRH:

  • QUARTERHILL TO ACQUIRE CONDUENT TOLLING SOLUTIONS BUSINESS

  • QUARTERHILL - DEAL VALUED AT $70 MLN CASH PLUS 7% OF QUARTERHILL SHARES

  • QUARTERHILL - COMBINED BACKLOG EXPECTED TO BE $2 BILLION UPON CLOSING

  • QUARTERHILL - CASH PORTION OF DEAL TO BE FUNDED THROUGH DEBT