A look at Mergers and Acquisitions in B2B this week…
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Pacific Special Acquisition Corp. announced that it has signed a definitive merger agreement with Borqs International Holding Corp., a leading global provider of smart connected devices and cloud service solutions for the Internet of Things (“IoT”) industry. Upon closing under the merger agreement, Borqs will become the operating entity of the combined company.
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Axiom Holdings, Inc., announced that it has completed a reverse merger pursuant to which CJC Hong Kong Limited became a wholly owned subsidiary of Axiom Holdings, Inc.