No Shareholder Action Required at This Time
SPRINGFIELD, Va. (Mar. 17, 2020) – Spok Holdings, Inc. (NASDAQ: SPOK), a global leader in healthcare communications, today announced that it has received a letter, and is aware of a public announcement, from B. Riley Financial, Inc. (NASDAQ: RILY) regarding a proposal to acquire all of the outstanding shares of common stock of Spok for $12 per share in cash.
Spok’s Board of Directors intends to evaluate the letter in consultation with independent financial and legal advisors. There can be no assurance that the letter and public announcement will lead to a formal proposal, offer or agreement.
At this time, Spok shareholders are not required to take any action.
RBC Capital Markets, LLC is serving as independent financial advisor to Spok, Spotlight Advisors, LLC is serving as strategic advisor to Spok and Latham & Watkins LLP is serving as Spok’s legal counsel.