Black Box Corporation Announces Extension for Business Unit Sale
PITTSBURGH, Aug. 01, 2018 (GLOBE NEWSWIRE) -- Black Box Corporation (NASDAQ:BBOX), a leading digital solutions provider, announced today that it has received an extension from its lenders regarding the timing of the execution of a definitive agreement to sell its Federal Business. The Company will provide an announcement when the agreement is executed.
Management believes that this transaction remains on track to close by the end of August.
About Black BoxBlack Box (NASDAQ:BBOX) is the trusted digital partner. With more than 40 years of experience connecting people and devices, we are dedicated to helping clients embrace the intelligent edge and enable their digital transformation. Our award-winning products and extensive services connect you with your customers, your team, and the world. Every day, our customers trust us to design, deploy, and manage their digital needs including retail IoT solutions, healthcare, and mission-critical control room infrastructures across commercial enterprises and governmental organizations. With a global presence and extensive team of technical experts, we make digital transformation possible whether at one location or hundreds. To learn more about Commercial Services and Government Solutions visit bboxservices.com. To learn more about Technology Products Solutions visit blackbox.com. Follow us on Twitter at @blackbox_ns.
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Black Box CorporationDavid J. RussoExecutive Vice President, Chief Financial Officer and TreasurerPhone: (724) 873-6788Email: email@example.com