Sign up for our newsletter - Navigating the horizon of business technology​
Technology / AI and automation

UNGERMANN REJECTS DIGITAL COMMS BID: HOSTILE TENDER?

Ungermann-Bass Inc, Santa Clara announced Friday that its board unanimously rejected the acquisition proposal of Digital Communications Associates Inc, Alpharetta, Georgia as inadequate, and not in best interests of shareholders. The latter was expected to respond with a hostile $9.75 a share swap tender.

White papers from our partners


This article is from the CBROnline archive: some formatting and images may not be present.

CBR Staff Writer

CBR Online legacy content.