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BRIEF-Carnegie Technologies Holdings to submit $8.50/share proposal to buy Magicjack
January 5, 2017 / 3:29 PM / 9 months ago

BRIEF-Carnegie Technologies Holdings to submit $8.50/share proposal to buy Magicjack

Jan 5 (Reuters) - Carnegie Technologies Holdings LLC:

* Announced nomination of five candidates for election to Magicjack’s board of directors

* Intends to submit a proposal to purchase Magicjack for $8.50 per share

* Founder Paul M. Posner is holder of approximately 1.6% of shares in Magicjack VocalTec Source text for Eikon:

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