Source Pravda.Ru

Packeteer Inc rejects bid offered by Elliott Associates LP

Hedge fund Elliott Associates LP received Tuesday a buyout bid rejection from Packeteer Inc.

Elliott Associates offered $200.8 million that was 42.5 percent more than Packeteer’s closing stock price of $3.86 per share.

“A certainly good price for Packeteer” is shaded by the company’s interest in offers made by other parties.

Elliott Associates is still interested in Packeteer Inc and remains prepared to negotiate a consensual deal.

Photo: www.answers.com

Moscow is trying to stop Balkan countries from entering NATO. Greece eventually took measures against Russia, even though Greek Prime Minister Alexis Tsipras had earlier said that Russia was Greece's strategic partner

Militant Greek atheist Alexis Tsipras betrays his people, Orthodoxy and Russia

Moscow is trying to stop Balkan countries from entering NATO. Greece eventually took measures against Russia, even though Greek Prime Minister Alexis Tsipras had earlier said that Russia was Greece's strategic partner

Militant Greek atheist Alexis Tsipras betrays his people, Orthodoxy and Russia
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