October 31, 2018 / 1:44 PM / 19 days ago

Elliott-backed ASG offers $10 per share to buy Mitek

NEW YORK (Reuters) - Elliott Management said in a public letter on Wednesday that one of its portfolio companies, privately held ASG Technologies, had offered $10 per share in cash to buy financial technology provider Mitek Systems Inc (MITK.O).

Elliott also said in the letter that it had made a “substantial investment” in Mitek’s stock.

Reporting by Liana B. Baker in New York; Editing by Chizu Nomiyama

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