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On The Editor's Desk

Is Avigilon in a buying mood again?

March 18, 2014Martha Entwistle

Avigilon will soon have more cash for purchases. The HD surveillance provider on March 17 increased a previously announced financing to $100 million (Canadian). The official statement said that the “company intends to use the net proceeds from the offering for general corporate purposes and for potential strategic acquisitions.” I have a call in to Avigilon to see if they'll comment on why they're increasing the financing. The offering is expected to close just after...

an HD surveillance, Avigilon, bought deal offering, Financing, Security Systems News (SSN)

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