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Strategies & Market Trends : Speculating in Takeover Targets -- Ignore unavailable to you. Want to Upgrade?


To: richardred who wrote (5055)10/31/2018 8:45:19 AM
From: richardred  Read Replies (1) | Respond to of 7242
 
RE- MITK #10 2018 SITT pick

ASG Technologies Releases Letter Proposing to Acquire Mitek Systems


Published: Oct 31, 2018 8:30 a.m. ET

Letter to Board Offers $10 per Share in Cash, a 51% Premium to the Unaffected PriceFull Letter Available Here



ASG Technologies, the trusted provider of proven solutions for information access, management, and governance for the world’s top enterprises and a portfolio company of Elliott Associates, L.P. and Elliott International, L.P., today sent a letter to the Board of Directors of Mitek Systems, Inc. MITK, +18.31% following up on its recent proposal to acquire the company. The offer, for $10.00 per share in cash, represents a 51% premium on the unaffected closing stock price on October 9, 2018.

businesswire.com



To: richardred who wrote (5055)12/10/2018 10:08:23 AM
From: richardred  Respond to of 7242
 
RE-MITK Speculation

Mitek Systems Inc. (MITK) Has Risen To A New High On Increased Takeover Offer
December 10, 2018, 09:44:00 AM EDT By RTT News



Shutterstock photo


( RTTNews.com) - ASG Technologies Group has increased its offer to acquire Mitek Systems Inc. (MITK) Monday morning to $11.50 per share from $10 per share.

Mitek Systems gapped open sharply higher Monday morning and is now up 1.17 at $10.14 on above average volume. The stock has broken out to a new high for the year.

rttnews.com