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L-1 Tops SAFRAN’s Offer For Digimarc’s ID Business

DDN

Thursday, July 3rd, 2008

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Determined to secure the stronghold on the nation's driver's license credentialing market, L-1 Identity Solutions [ID] recently boosted its offering price for Digimarc Corp. [DMRC] by nearly $50 million to $310 million, trumping SAFRAN's $300 million unsolicited offer that was disclosed last week. Digimarc's board of directors has approved the amended offer from L-1 and is recommending that the company's stock owners tender their shares. The tender offer, which is a new wrinkle in L-1's offer that is aimed at…

Congress

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Concerns Raised At SASC Hearing On Unobligated Reconciliation Funds And Lack Of Updates On Iran War Cost

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CBO Says Upfront Costs To Protect Military Installations From Drones Between $1 Million And $74 Million

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