IOI

(redirected from Indication of interest)
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Synchronoss Technologies board of directors said it plans to review and consider Siris's indication of interest and pursue the course of action that it believes is in the best interests of the company and its shareholders.
The Companys Board of Directors, consistent with its fiduciary duties, will carefully review and consider Siriss indication of interest and pursue the course of action that it believes is in the best interests of the Company and its shareholders.
NasdaqGS: LCUT) has received an unsolicited non-binding indication of interest from Mill Road Capital Management LLC expressing its interest in acquiring all of the outstanding shares of Lifetime that it does not already own for a USD 20.
No decisions have been made by the special committee with respect to the non-binding indication of interest and there can be no assurance that any definitive offer will be made, that any agreement will be executed or that any transaction will be approved or consummated.
Rather than increasing the offer, Astar's board "unanimously determined to pursue other alternatives and we are, therefore, withdrawing our indication of interest," he wrote.
Neither the board or ABX Air management will make any other comment on the indication of interest until this time.
NASDAQ: RDI) has rejected an unsolicited, non-binding indication of interest from a third party to acquire all of the company's outstanding stock at USD 17 per share, the company has confirmed.
1 July 2016 - US-based confectionery company The Hershey Company (NYSE: HSY) has rejected a preliminary, non-binding indication of interest from US-based confectionery, food and beverage conglomerate MondelA"z International (NASDAQ: MDLZ) to acquire the company for a mix of cash and stock consideration, totaling USD 107 a share of Hershey common stock, the company said.
There must not be ambiguity regarding the customer's obligations given the significant legal differences between an indication of interest and a conditional offer to buy.