ruggedcom

July 30, 2012 By Leave a Comment

Siemens Canada's offer for Ruggedcom was a premium of 142% to the closing price of RuggedCom shares on December 16, 2011, which was the last trading day before shunned suitor Belden expressed interest. Belden finally landed a Canadian tech, Miranda, at $17 a share, which was a 64 % premium to that stock's closing price of $10.39 on June 4th.

Siemens Canada’s offer for Ruggedcom was a premium of 142% to the closing price of RuggedCom shares on December 16, 2011, which was the last trading day before shunned suitor Belden expressed interest. Belden finally landed a Canadian tech, Miranda, at $17 a share, which was a 64 % premium to that stock’s closing price of $10.39 on June 4th.

Filed Under:
About Nick Waddell

Cantech Letter founder and editor Nick Waddell has lived in five Canadian provinces and is proud of his country's often overlooked contributions to the world of science and technology. Waddell takes a regular shift on the Canadian media circuit, making appearances on CTV, CBC and BNN, and contributing to publications such as Canadian Business and Business Insider.