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Market Impact: 0.35

Quarterhill To Acquire Conduent Tolling Solutions Business

M&A & RestructuringCompany Fundamentals

Quarterhill Inc. (QTRH.TO) said it has agreed to acquire substantially all of the assets of Conduent Business Services’ tolling solutions business (plus related affiliates). The deal, as announced, is positioned as a positive growth/expansion step for Quarterhill, though the article excerpt provides no purchase price or financial impact.

Analysis

Quarterhill Inc. (QTRH.TO) said it has agreed to acquire substantially all of the assets of Conduent Business Services’ tolling solutions business (plus related affiliates). The deal, as announced, is positioned as a positive growth/expansion step for Quarterhill, though the article excerpt provides no purchase price or financial impact.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.20

Ticker Sentiment

QTRH.TO0.45

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