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[ALDN] Aladdin Knowledge Systems Ltd

Symbol: ALDN
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8/27/2008 10:29pm
Aladdin Knowledge Systems Ltd Rejects Vector Capital's unsolicited proposal, says the $13/shr offer significantly undervalues the company

- The Board has also evaluated Vector Capital's alternative proposal to acquire Aladdin's Digital Rights Management (DRM) business for $125-135M and has determined that this proposal is also not in the best interest of the shareholders.


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