Skullcandy Inc
* Skullcandy enters into new merger agreement with Mill Road Capital; terminates Incipio merger agreement
* Shares of Skullcandy will be exchanged for $6.35 per share in cash at the completion of a merger, or a total of approximately $196.6 million.
* Transaction with Mill Road is not subject to a financing condition
* Board authorized Skullcandy to terminate Incipio merger agreement, pay termination fee to Incipio and enter into mill road merger agreement
* Mill road merger agreement contains non-solicitation provisions for Skullcandy
* On August 23, period during which Incipio was entitled to negotiate with co to amend Incipio merger agreement pursuant to its terms expired Source text for Eikon: Further company coverage:
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Source: Reuters.com
