Brief: Palogic Value Management Issues Letter To SPOK Holdings Board Of Directors

Spok Holdings

25/03/2020 12:40

March 25 (Reuters) - Spok Holdings Inc  SPOK.O :
    * PALOGIC VALUE MANAGEMENT, LP ISSUES LETTER TO SPOK
HOLDINGS,
INC. BOARD OF DIRECTORS
    * PALOGIC VALUE MANAGEMENT - REQUEST SPOK BOARD IMMEDIATELY
ANNOUNCE FORMATION OF SPECIAL COMMITTEE TO OVERSEE "THOROUGH AND
TRANSPARENT" SALE PROCESS
    * PALOGIC VALUE MANAGEMENT - BELIEVE B. RILEY FINANCIAL
PROPOSAL
FOR SPOK SHOULD SERVE AS A FLOOR
    * PALOGIC VALUE MANAGEMENT - CONVINCED THAT FAIR VALUE FOR
SPOK
SHAREHOLDERS WILL ONLY BE REALIZED THROUGH SALE OF COMPANY TO
"STRATEGIC PARTNER"

Source text for Eikon:  ID:nPn474Stna 
Further company coverage:  SPOK.O 

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