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Stock Market & Financial Investment News

News Breaks
March 11, 2013
09:49 EDTBVSNBroadvision gaps up for second session, levels to watch
The shares were on a tear to the upside during Friday's session and that price action is being repeated again today. At the current price of $11.50, shares are up over 9.84%. Next resistance based on that price is at $12.17. Support is at $10.94.
News For BVSN From The Last 14 Days
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March 2, 2015
13:42 EDTBVSNBroadvision sends letter to Marlin Capital Investments
On February 26, BroadVision sent a letter to Marlin Capital Investments, LLC on behalf of the company’s board of Directors. The letter said in part: "On behalf of the Board of Directors of BroadVision, I am responding to your letter dated January 29 addressed to the Board, which the Board has not received directly but which you filed with the Securities and Exchange Commission on January 30. The Board has carefully reviewed the various business options available to BroadVision at this time, including, but not limited to, the short-term measures suggested by Marlin of distributing the cash on hand to shareholders and auctioning the company or receiving additional investment from Marlin and handing over leadership of the company to you. After careful consideration of these options, as well as the company’s near-term financial plan, the Board has unanimously concluded that the courses of action you propose would not be in the best interests of BroadVision or its stockholders and that those interests would be best served by BroadVision continuing to follow the strategy it is currently pursuing."

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