other material
confidence high
sentiment neutral
materiality 0.70
Spok confirms unsolicited $10.75/share cash proposal from Acacia Research; board to evaluate
Spok Holdings, Inc
- Acacia Research proposes to acquire all Spok shares for $10.75 per share in cash.
- Spok board will evaluate the proposal with independent financial and legal advisors.
- RBC Capital Markets, Spotlight Advisors, and Latham & Watkins are advising Spok.
- No assurance the proposal will lead to a formal offer or agreement; shareholders need not act now.