OTCPK:RKNLF - Post by User
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1hot-techwomanon Sep 21, 2016 2:38pm
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Post# 25261885
Expecting a result from Crescendo Group Soon !! $$$
Expecting a result from Crescendo Group Soon !! $$$Crescendo Partners Sends Letter to Redknee Solutions Inc. Board of Directors Google+ Share with LinkedIn Urges Board to Immediately Pursue a Sale of the Company to Maximize Shareholder Value NEW YORK, Aug. 11, 2016 /CNW/ - Crescendo Partners today announced that it has delivered a letter to the Board of Directors of Redknee Solutions Inc. ( Redknee or the "Company") (TSX:RKN). In the letter, Crescendo Partners urges the Board to immediately commence a broad sale process for the entire Company. Crescendo believes that numerous potential buyers would be interested in acquiring Redknee because of its strong brand reputation, valuable customer relationships, large backlog, discount to intrinsic value and opportunity to return to historical profitability. Patience is key here boys been over a month now :)