Solidion Technology States Intention To Acquire Flux Power; Issues Open Letter To Flux Shareholders Regarding Proposed Transaction; Terms Not Disclosed
"Solidion remains prepared to engage constructively with Flux's Board and management and believes Flux shareholders deserve the opportunity to choose between money now and little or no money later," said
Solidion wants to buy Flux Power, but the price isn't public yet. When a company gets a buyout offer, watch whether the board thinks it's fair and what shareholders decide.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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