RuggedCom fights off bid, hits 52-week high


RuggedCom Inc. (T.RCM) hit a new 52-week high of $24.95 Wednesday. RuggedCom Inc., a leading provider of rugged communications networking solutions designed for mission-critical applications in harsh environments, announced today that its Board of Directors, on the recommendation of its Special Committee of independent directors and with input from its financial and legal advisors, unanimously recommends that RuggedCom shareholders reject the unsolicited offer by a subsidiary of Belden Inc. to acquire RuggedCom for $22 in cash per common share and not tender their shares to the Belden Offer.

Constellation Software Inc. (T.CSU) hit a new 52-week high of $80.98 Wednesday. No news announcements today

Mainstreet Equity Corp. (T.MEQ) hit a new 52-week high of $24.49 Wednesday. No news announcements today

Canadian Pacific Railway Limited (T.CP) hit a new 52-week high of $70.46 Wednesday. No news announcements today

Pure Energy Services Ltd. (T.PSV) hit a new 52-week high of $9.02 Wednesday. No news announcements today

Argonaut Gold Inc. (T.AR) hit a new 52-week high of $7.44 Wednesday. No news announcements today

Softchoice Corporation (T.SO) hit a new 52-week high of $10.44 Wednesday. No news announcements today

Poseidon Concepts Corp. (T.PSN) hit a new 52-week high of $13.51 Wednesday. No news announcements today

Related Stories