LogicVision responds to proposal from Virage Logic
16-12-08
LogicVision has reviewed the December proposal from Virage Logic and determined that the proposal of $1.05 per share of common stock is inadequate and is not in the best interests of LogicVision's stockholders.Jim Healy, LogicVision's President and Chief Executive Officer, commented, "LogicVision's Board and management are committed to enhancing shareholder value."