POTENTIAL DEAL DETAILS
|Stock||Mitek Systems, Inc.||Symbol||MITK|
|Date Announced||10/31/2018||Source||Press Release|
|Type||Unsolicited Bid||Acquiring 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.
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.
Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.