Digi International Inc. (DGII) said it received an unsolicited, conditional and non-binding proposal from Belden Inc. (BDC) to acquire the company for $13.82 per share in cash. The Digi Board unanimously rejected the proposal on November 8 and again on November 11, 2016.
The Digi Board said it is confident that the continued successful execution of the company's strategy will capture significant opportunity and deliver enhanced value for the shareholders.
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.