Subscribe Today

Get our free articles delivered directly to your email!

Continue reading

Spok Holdings (SPOK) approached by B. Riley Financial (RILY)

  • March 18, 2020


StockSpok Holdings, Inc.SymbolSPOK
Date Announced03/17/2020Source Press Release
TypeUnsolicited BidAcquiring Company/Person B. Riley Financial, Inc.

Spok Holdings, Inc. (SPOK), a global leader in healthcare communications, today announced that it has received a letter, and is aware of a public announcement, from B. Riley Financial, Inc. (RILY) regarding a proposal to acquire all of the outstanding shares of common stock of Spok for $12 per share in cash.


June 16, 2020: B. Riley Financial, Inc. (RILY) and its subsidiary, B. Riley Capital Management, LLC, a shareholder of Spok Holdings, Inc. (SPOK), today announced it has withdrawn its offer to acquire the Company for $12.00 per share due to the failure of Spok’s Board of Directors to engage.

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.