BRIEF-Casa Systems Co,Some Units Entered Into Asset Purchase Agreement With Lumine Providing For Sale And Purchase Of Debtors' Cloud/Ran Apa Assets

Reuters

2024/04/04

April 3 (Reuters) - Casa Systems Inc :

* CASA SYSTEMS: CO,SOME UNITS ENTERED INTO ASSET PURCHASE AGREEMENT WITH LUMINE PROVIDING FOR SALE AND PURCHASE OF DEBTORS' CLOUD/RAN APA ASSETS

* CASA SYSTEMS: LUMINE AGREED TO PURCHASE TRANSFERRED ASSETS AND ASSUME ASSUMED LIABILITIES FROM CO, SOME UNITS FOR $15 MILLION

* CASA SYSTEMS: CO, SOME UNITS GOT INTO "STALKING HORSE" ASSET PURCHASE DEAL WITH VECIMA

* CASA SYSTEMS: "STALKING HORSE" ASSET PURCHASE AGREEMENT FOR SALE AND PURCHASE OF SOME ASSETS RELATED TO DEBTORS' CABLE AND BROADBAND BUSINESS UNITS

* CASA SYSTEMS: VECIMA AGREED TO ACQUIRE TRANSFERRED ASSETS AND ASSUME ASSUMED LIABILITIES FROM CO, SOME UNITS FOR $20 MILLION

* CASA SYSTEMS INC: WILL CONTINUE TO OPERATE ITS BUSINESS AS A "DEBTOR IN POSSESSION" UNDER JURISDICTION OF BANKRUPTCY COURT

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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<a href=\"https://laohu8.com/S/CASA\">Casa Systems</a> Inc   :</p><p>   * CASA SYSTEMS: CO,SOME UNITS ENTERED INTO ASSET PURCHASE AGREEMENT WITH LUMINE PROVIDING FOR SALE AND PURCHASE OF DEBTORS' CLOUD/RAN APA ASSETS</p><p>   * CASA SYSTEMS: LUMINE AGREED TO PURCHASE TRANSFERRED ASSETS AND ASSUME ASSUMED LIABILITIES FROM CO, SOME UNITS FOR $15 MILLION</p><p>   * CASA SYSTEMS: CO, SOME UNITS GOT INTO \"STALKING HORSE\" ASSET PURCHASE DEAL WITH VECIMA</p><p>   * CASA SYSTEMS: \"STALKING HORSE\" ASSET PURCHASE AGREEMENT FOR SALE AND PURCHASE OF SOME ASSETS RELATED TO DEBTORS' CABLE AND BROADBAND BUSINESS UNITS</p><p>   * CASA SYSTEMS: VECIMA AGREED TO ACQUIRE TRANSFERRED ASSETS AND ASSUME ASSUMED LIABILITIES FROM CO, SOME UNITS FOR $20 MILLION</p><p>   * CASA SYSTEMS INC: WILL CONTINUE TO OPERATE ITS BUSINESS AS A \"DEBTOR IN POSSESSION\" UNDER JURISDICTION OF BANKRUPTCY COURT</p><p>Source text for Eikon:    Further company coverage:   </p><p> ((Reuters.Briefs@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4020","symbol_name":"通信设备","start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2424776028","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2424776028","pubTimestamp":1712176235,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"April 3  - 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