DTS Amends Credit Pact on Buy of iBiquity IP Rights
DTS said it amended a credit agreement with Wells Fargo and others for a term loan and revolving line of credit to buy intellectual property rights from iBiquity (see 1509020039). The amendment permits the transaction and requires DTS to prepay…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
the term loan in installments of $10 million by July 15, $5 million by Sept. 30 and $5 million by Dec. 30, it said in an SEC filing Thursday.