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Bullboard - Stock Discussion Forum APIVIO SYSTEMS INC V.APV

"Apivio Systems Inc is a Canadian technology company, engaged in the design, development, manufacture and sale of communications equipment and software."

TSXV:APV - Post Discussion

APIVIO SYSTEMS INC > Nuri's offer is being reviewed
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Post by Iseneschal on Jan 17, 2017 12:43pm

Nuri's offer is being reviewed

Backshi just might not accept the offer....could be undervalued?

 

Apivio reviewing Nuri offer for 40 cents a share

 

2017-01-17 09:29 PT - News Release

 

Mr. Rob Bakshi reports

APIVIO SYSTEMS INC. BOARD OF DIRECTORS RESPONDS TO UNSOLICITED OFFER FROM NURI TELECOM

Apivio Systems Inc. is aware of the announcement this morning by Nuri Telecom Co. Ltd. that it is making an offer to acquire all of the outstanding shares of the company for 40 cents. The company is reviewing the offer and will make a further announcement in due course after consideration by its board and consultation with its advisers.

About Apivio Systems

Apivio Systems Inc. is a Canadian technology company principally engaged in the design, development, marketing, and sale of communications equipment and software. It has a wholly owned Korean subsidiary with an established record of supplying VoIP (voice over Internet protocol) telephone equipment and other products to major Korean and international telecommunications carriers.

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