Someone is sniffing around to aquire Sandvine $$$$$$
The latest news out today says alot!!! To me it says TAKE OVER of Sandvine is very possible !!
The Rights Plan was approved by the Corporation's shareholders at the annual and special meeting of shareholders of the Corporation held on April 9, 2015. The Rights Plan is designed to ensure the fair and equal treatment of the Corporation's shareholders in connection with any take-over bid for outstanding common shares of Sandvine and is not intended to prevent or deter take-over bids that offer fair treatment and value to shareholders, but is designed to encourage offers that represent fair value to all shareholders.
Additionally, the Rights Plan is designed to provide shareholders with adequate time to properly assess a take-over bid without undue pressure and to provide the Corporation's board of directors with adequate time to fully assess an unsolicited take-over bid, to allow competing bids to emerge, and, if applicable, to explore other alternatives to a take-over bid to maximize shareholder value.