On March 9, 2015, affiliates of Vector Capital acquired all of the outstanding shares of ChyronHego common stock for $2.82 per share in cash. Duff & Phelps acted as an independent financial advisor to the Special Committee of the Board of Directors of ChyronHego Corporation and advised on the fairness of the proposed transaction.
In addition, Duff & Phelps was retained by the Special Committee of the Board of Directors of ChyronHego Corp., as exclusive financial advisor, to solicit alternative acquisition proposals to Vector Capital’s offer announced on November 17, 2014. Under the terms of the Vector Agreement, ChyronHego solicited alternative acquisition proposals from third parties during a seven week "go-shop" period, following the date of execution of the agreement.
About ChyronHego
ChyronHego is a global leader in broadcast graphics creation, playout and real-time data visualization with a comprehensive range of products and services for live television, news and sports production. The Company develops innovative technology for the unique and shifting demands of live production.
About Vector Capital
Vector Capital is a leading global private equity firm specializing in transformational investments in established technology businesses.
