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Riverbed shareholder makes USD 3 bln takeover bid

2014-01-09 09:32:00| Telecompaper Headlines

(Telecompaper) Riverbed Technology announced that it has received an unsolicited takeover bid from Elliott Management worth USD 19.00 per share in cash. The company's board will review the offer before commenting further. The bid values Riverbed at just over USD 3 billion. Elliot already holds a 10.5 percent stake in the company and has been pushing Riverbed to review its strategy. In a letter to the company in November, it called the stock "significantly undervalued". Riverbed then started working with Goldman Sachs to study strategic options, people with knowledge of the situation told Bloomberg.

Tags: makes usd bid shareholder

 

Shareholder Alert: Law Office of Brodsky & Smith, LLC Announces...

2014-01-08 09:32:25| Logistics - Topix.net

Click here to learn more about the investigation http://brodsky-smith.com/699-pacr-pacer-international-inc.html , or call: 877-534-2590.

Tags: office law llc smith

 
 

Shareholder Alert: Law Office of Brodsky & Smith, LLC Announces...

2014-01-08 06:08:06| Paper - Topix.net

Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Tufco Technologies, Inc. relating to the proposed acquisition by Griffin Holdings, LLC. Click here to learn more about the investigation http://brodsky-smith.com/696-tfco-tufco-technologies-inc.html , or call: 877-534-2590.

Tags: office law llc smith

 

Culp Major Shareholder Sells $116,912 in Stock

2014-01-07 03:22:52| Industrial Machines - Topix.net

Culp major shareholder Robert Culp III sold 5,703 shares of Culp stock in a transaction that occurred on Friday, January 3rd.

Tags: major stock sells shareholder

 

Shareholder Alert: Investors in Pacer International, Inc. Are Encouraged To Contact Wolf Haldenstein

2014-01-06 22:40:52| Logistics - Topix.net

The law firm of Wolf Haldenstein Adler Freeman & Herz LLP announces that it is investigating the actions of the Board of Directors and senior management of Pacer International, Inc. for potential breaches of fiduciary duties in connection with the sale of the Company to XPO Logistics, Inc. Under the terms of the proposed transaction, shareholders ... (more)

Tags: contact international alert encouraged

 

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