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Stock Market & Financial Investment News

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March 5, 2014
07:22 EDTRVBDRiverbed CEO says no ‘credible’ offers received, Bloomberg reports
Riverbed Technology Chairman and CEO Jerry Kennelly told Bloomberg in an interview that “If a serious party wants to call me with a credible offer, I’ll take the call. I haven’t had that.” Note that Elliott Management disclosed on Feb. 25 that it offered to acquire all of Riverbed's outstanding shares for $21 per share in cash and Elliott said that it was "keenly aware that other potential buyers have expressed their acquisition interest directly to Riverbed and its advisor, Goldman Sachs." Reference Link
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