Juniper Investment insists Alteva board negotiate or solicit proposals Juniper Investment Company sent a letter to the Alteva Board of Directors, stating in part: "As Alteva’s largest shareholder, we are deeply concerned about the failure of the Board of Directors to pursue alternatives to maximize shareholder value. We think it is important for all shareholders to understand what has transpired...In light of the Board’s complete disregard of this recommendation, Juniper and Princeton Hosted Solutions made an offer to acquire Alteva for $8.00 per share on August 26...Juniper will not stand by indefinitely and continue to underwrite the current valuation. If the Alteva Board agrees to negotiate in good faith, Juniper would be amenable to an appropriate market test that allows for a better offer. The time has come for the board to be responsive to the company’s shareholders. Therefore, we insist that the Board immediately begin a process to engage in a negotiation with Juniper or retain an independent financial advisor to solicit proposals for the sale of the company."