Rakon shareholder gives board the hurry-up
Investor Mike Daniel, who owns more than 6% of the tech company, wants a more active pursuit of a potential takeover bid at $1.70 a share.
Rakon CEO Sinan Altug, right, with executive director and shareholder Brent Robinson.
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Rakon shareholder Mike Daniel is pressing the tech company’s board to engage with a potential takeover bidder and find out whether major shareholders, particularly the founding Robinson family, are keen to sell.
Rakon, a maker of crystal components for telecommunications, space and defence
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