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ITEX in the News >> Microscopic takeover bid drags on: May 4, 2008

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Microscopic takeover bid drags on

By Rami Grunbaum, deputy business editor, and Times business Staff

The takeover attempt plods along for months.

The target company's CEO resists the bid and disparages the bidder.

The would-be acquirer's stock slides, devaluing its currency for the proposed deal.

Microsoft and Yahoo? No, this is the other takeover battle that has riveted the Eastside the epic contest between Bellevue-based Itex and the Virginia-based company that offered to acquire it, Western Sizzlin.

 

For the full article, please follow the link below:

http://seattletimes.nwsource.com/html/businesstechnology/2004390846_sundaybuzz04.html



View Original News Source: The Seattle Times

 
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