EDGEWATER REVIEWING OPTIONS
- Tuesday, 01 December 2015
- News and Analysis
In the face of a hostile takeover bid, Edgewater Technology has authorized the review of choices that could enhance shareholder value. The decision by the board of directors of the Dynamics reseller comes as the company's management faces a hostile takeover attempt by Lone Star Value Investors and Ameri Holdings, which have submitted a bid of $8.50 per share for all of Edgewater's shares. The Edgewater board has unanimously rejected the offer.
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