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Rakon shareholder gives board the hurry-up

Investor Mike Daniel, who owns more than 6% of the tech company, wants a more active pursuit of a potential takeover bid at $1.70 a share.

Rakon CEO Sinan Altug, right, with executive director and shareholder Brent Robinson.

Tim Hunter Fri, 15 Dec 2023

Rakon shareholder Mike Daniel is pressing the tech company’s board to engage with a potential takeover bidder and find out whether major shareholders, particularly the founding Robinson family, are keen to sell.

Rakon, a maker of crystal components for telecommunications, space and defence

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Tim Hunter Fri, 15 Dec 2023
Contact the Writer: thunter@nbr.co.nz
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Rakon shareholder gives board the hurry-up
Investment,
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