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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 > Superior offer within 10 trading days
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Post by Pivotcatalyst on Apr 16, 2017 11:31am

Superior offer within 10 trading days

The NURI offer of .40 cents is good till May2nd most recent company press release

The Board is currently engaged with a party that has submitted a proposal for a transaction that places a value on the Company that is greater than is reflected in the Nuri Offer. The special committee of the Board is working to ensure that the alternative proposal can effectively be consummated as a transaction that provides superior value to shareholders and expects to provide an update shortly -- well in advance of the time of expiry of the Nuri Offer.
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