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Stock Market & Financial Investment News

News Breaks
November 5, 2012
16:22 EDTPDIIPDI, Inc. reports Q3 EPS (6c), consensus (4c)
Reports Q3 revenue $31.8M, consensus $34.76M.
News For PDII From The Last 14 Days
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October 31, 2014
08:03 EDTPDIIDigirad Corp calls on PDI to immediately engage in talks
Digirad Corporation (DRAD) announced that it has sent a letter to PDI, Inc. (PDII) responding to PDI's summary rejection of Digirad's proposal to acquire the company. Digirad calls upon PDI to immediately engage in meaningful discussions regarding a transaction and to operate in the ordinary course of business and to not spend its cash, or take on additional debt, on acquisitions or other extraordinary transactions. Digirad believes that prior to committing to any such transaction, PDI's stockholders should have an opportunity to fully consider a transaction with Digirad. Furthermore, no acquisition or extraordinary transaction by PDI should be pursued without prior stockholder approvals.
October 30, 2014
08:37 EDTPDIIPDI, Inc. does not view Digirad letter as meaningful offer to acquire PDI
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October 29, 2014
17:29 EDTPDIIDigirad delivers letter to PDI expressing willingness to acquire company
Digirad Corporation (DRAD) announced that it has sent a letter to PDI (PDII), a healthcare commercialization services company, expressing its willingness to acquire the company, through an appropriate acquisition entity by merger or otherwise, for a premium to PDI's current market price, to be determined after due diligence and discussions with the company. Digirad anticipates the consideration would be comprised of cash and stock of Digirad at a ratio to be determined at a later date.

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