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News Breaks | | | | February 11, 2013 | | 13:49 EDT |  | QBAK, BKFG | BKF Capital terminates offer to acquire 3M Qualstar shares
BKF Capital Group (BKFG), currently Qualstar’s second largest shareholder, announced that it is terminating its offer to acquire up to 3,000,000 shares of Qualstar Corporation (QBAK) because of the recently announced adoption by Qualstar of a shareholder rights plan. The adoption of the rights plan effectively makes it impossible to consummate the offer, since the acquisition of shares in the offer would trigger the exercisability of the rights under the plan, BKF said, adding that it will focus its efforts on replacing the Qualstar board at the upcoming 2013 Annual Meeting. | |
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News For QBAK;BKFG From The Last 14 Days Check below for free stories on QBAK;BKFG the last two weeks. |
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| May 14, 2013 | | 16:05 EDT |  | QBAK | Qualstar reports Q3 adjusted EPS (11c), consensus (9c)
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