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Limelight Networks Inc receives unsolicited offer to purchase from questionable source


Sunday, 15 Jun 2014 10:35am EDT 

Limelight Networks Inc:Receives unsolicited offer to purchase the company from an entity that management believes is a non-credible source.Under proposal, first reported by media outlets, then confirmed via phone and follow up email, on June 13, Tuition Build Inc. has offered to purchase and take private Limelight Networks for $644.7 mln or $6.55 per share if certain unspecified financial thresholds were satisfied. 

Company Quote

2.78
 +0.00%
4:00pm EDT