Tuesday, November 15, 2016

Digi International Inc. (DGII) Set A New High After Takeover Bid Rejected

Digi International Inc. (DGII) announced Monday morning that it received an unsolicited, conditional and non-binding proposal from Belden Inc. (BDC) to acquire the company for $13.82 per share in cash. The Board of Digi unanimously rejected the proposal on November 8 and again on November 11.

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