Rakon directors recommend shareholders accept takeover offer
The $1.55 a share offer from US-based Bourns Inc is at the lower end of the $1.46 to $1.94 independent valuation range.
The independent directors of NZX-listed Rakon have unanimously recommended shareholders accept a takeover offer for the company, despite the price coming in at the bottom of an independent valuation range.
Earlier this month , US electronics company Bourns Inc made a formal offer for the New Zealand
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