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Mitek Systems (MITK) approached by ASG Technologies

  • October 31, 2018

POTENTIAL DEAL DETAILS

StockMitek Systems, Inc.SymbolMITK
Date Announced10/31/2018Source Press Release
TypeUnsolicited BidAcquiring Company/Person ASG Technologies Group, Inc.

ASG Technologies, the trusted provider of proven solutions for information access, management, and governance for the world’s top enterprises and a portfolio company of Elliott Associates, L.P. and Elliott International, L.P., today sent a letter to the Board of Directors of Mitek Systems Inc. (MITK), following up on its recent proposal to acquire the company.

Update(s):

December 10, 2018: ASG Technologies, the trusted provider of proven solutions for information access, management and governance for the world’s top enterprises and a portfolio company of Elliott Associates, L.P. and Elliott International, L.P., today made public a previously private letter to the Board of Directors of Mitek Systems, Inc. (MITK) in which ASG offered to increase its recent proposal to acquire Mitek from $10.00 to $11.50 per share in cash.

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