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 Mitel shareholders to receive $11.15 per share in cashTransaction provides immediate liquidity and certainty of value to Mitel shareholdersPurchase price represents a 24% premium over the 90-calendar-day weighted average price Mitel® (Nasdaq:MITL) (TSX:MNW), a global leader in business communications, today announced that it has signed a definitive arrangement agreement to be acquired by an investor group led by affiliates of Searchlight Capital Partners, L.P. (“Searchlight”) in an all-cash transaction valued at approximately $2.0 billion, including Mitel’s net debt.

Mitel® (Nasdaq:MITL) (TSX:MNW), a global leader in business communications, today announced that it will release its first quarter 2018 financial results for the period ended March 31, 2018 before the market opens on Thursday, May 3, 2018.The company will host an investor conference call and live webcast at 8:30 a.m. ET (5:30 a.m. PT) on the same day. To access the conference call, dial 888-734-0328. Callers outside the US and Canada should dial 678-894-3054. The conference ID is 5982417.

 Mitel® (Nasdaq:MITL) (TSX:MNW), a global leader in business communications, announced today that CRN®, a brand of The Channel Company, has named Mike Conlon, Vice President of Global Channels for Mitel, to its prestigious list of 2018 Channel Chiefs.