Exela Technologies Confirms Receipt of Acquisition Proposal
IRVING, Texas, July 13, 2022 (GLOBE NEWSWIRE) — Exela Technologies, Inc. (Exela or the Company) (NASDAQ: XELA, XELAP) today confirmed that it has received a preliminary, non-binding proposal (the Proposal) to acquire an approximately $200 million revenue business unit of Exela, subject to certain conditions, including due diligence. The Company is in active discussions with several counter-parties about additional acquisition proposals.
