Meade Instruments Board Urged Shareholders To Reject MIT Capital Offer – ValueWalk Premium
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Meade Instruments Board Urged Shareholders To Reject MIT Capital Offer

The board of directors of telescope maker Meade Instruments Corp. (NASDAQ:MEAD) asked its shareholders to reject the $3.65 per share cash offer of VictoryOne.

VictoryOne Inc is a unit of San Jose venture capital firm MIT Capital Inc. It has proposed to acquire all outstanding shares of Meade Instruments for $3.65 per share in cash.

The board reaffirmed its earlier recommendation to shareholders to vote in . . .

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