Belden Submits Proposal to Digi International Inc. Regarding Potential Acquisition

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Go back to Belden Submits Proposal to Digi International Inc. Regarding Potential Acquisition

Digi Int'l (DGII) Affirms Receipt of and Subsequently Rejects Unsolicited Proposal from Belden (BDC)

November 14, 2016 6:56 AM EST

Digi International Inc. (Nasdaq: DGII) confirmed that it received an unsolicited, conditional and non-binding proposal from Belden Inc. (NYSE: BDC) to acquire the Company for $13.82 per share in cash. After careful evaluation and in consultation with its independent financial and legal advisors,... More