AlarmForce Announces Strategic Review
AlarmForce Industries Inc. (TSX:AF) announced today that it has engaged Imperial Capital, LLC ("Imperial Capital") as its financial advisor to assist the Board of Directors with a strategic review of AlarmForce's business and opportunities, including a possible sale of the company. As part of its engagement, Imperial Capital will assist in the identification, evaluation and negotiation of potential transactions.
AlarmForce believes that it is an appropriate time to explore and consider available opportunities for maximizing shareholder value, including a possible sale of the company. The Board of Directors has established a Special Committee comprised of the independent directors to supervise the strategic review. AlarmForce will make further announcements regarding its review as soon as the Board of Directors approves a course of action or as the Board of Directors deems appropriate.
- Published: 02 August 2012
- Written by Editor