On July 18, 2000, Mytec Technologies Inc., a leading provider of biometric security technologies, completed the sale of its non-core alarm monitoring business carried on by its wholly owned subsidiary, Counterforce Inc., to Chubb Security North America, wholly owned by Williams PLC (UK), a world leader in security services solutions. The price for the shares of Counterforce was $28.5 million in cash.
Representing Mytec on the transaction were Carl De Vuono, Stephan Luciw and Natasha Lakoseljac of Lang Michener. Representing Chubb Security North America were Victoria Prince and David Gore of Borden Ladner Gervais LLP.
Representing Mytec on the transaction were Carl De Vuono, Stephan Luciw and Natasha Lakoseljac of Lang Michener. Representing Chubb Security North America were Victoria Prince and David Gore of Borden Ladner Gervais LLP.
