{"id":8865,"date":"2008-10-16T00:00:00","date_gmt":"2008-10-16T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"endologix-says-gets-unsolicited-bid-from-hedge-fund","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2008\/endologix-says-gets-unsolicited-bid-from-hedge-fund.html","title":{"rendered":"Endologix says gets unsolicited bid from hedge fund"},"content":{"rendered":"<p>Reuters &#8211; Endologix Inc said it received an unsolicited takeover bid from hedge fund Elliott Associates LP for $2.25 a share, 18 percent higher than the stock&#8217;s Wednesday closing price.       <\/p>\n<p> The company, which develops and manufactures minimally invasive treatments for vascular diseases, said it will review the unsolicited proposal and make a determination and respond in due course.<\/p>\n<p> Endologix asked its stockholders to defer judgment on the unsolicited proposal until that determination has been made.<\/p>\n<p> Also on Wednesday, New York-based Elliott took its $529 million cash offer for Epicor Software Corp directly to shareholders, two days after it was snubbed by the business software maker&#8217;s board. [nBNG397251]<\/p>\n<p><strong><a href=\"..\/news\/news_land.php?i=http:\/\/www.reuters.com\/article\/mergersNews\/idUSBNG39396820081015\" target=\"_blank\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; Endologix Inc said it received an unsolicited takeover bid from hedge fund Elliott Associates LP for $2.25 a share, 18 percent higher than the stock&#8217;s Wednesday closing price. The company, which develops and manufactures minimally invasive treatments for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[3189,156,2437,595,242,1976,3205,353,3206],"class_list":["post-8865","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-breeden-capital-management","tag-brian-l-roberts","tag-convertible-bonds","tag-handsome-returns","tag-img-src","tag-oil-and-gas-company","tag-providence-capital","tag-stocks","tag-white-plains"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8865","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=8865"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8865\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=8865"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=8865"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=8865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}