Norsat Announces Investment Canada Notice Regarding Proposed Acquisition by Hytera Communications Co., Ltd.

VANCOUVER , June 2, 2017 /PRNewswire/ - Norsat International Inc. ("Norsat" or the "Company") (TSX: NII and NYSE MKT: NSAT), a provider of unique and customized communication solutions for remote and challenging applications, today announced that further to its news releases of September 19, 2016 , March 17, 2017 , March 27, 2017 , April 17, 2017 , May 15, 2017 , May 18, 2017 , May 25, 2017 and May 31, 2017 , the Minister responsible for the Investment Canada Act (the "Act") has served notice that there will be no order for review of the transaction under subsection 25.3(1) of the Act.andnbsp; Accordingly, this notice satisfies the Investment Canada Act condition for closing of the acquisition of Norsat by Hytera.andnbsp; Click here for more.

from Cellular News http://bit.ly/2qOZCFO