News Column

United States : TUITION BUILD hands over $645M bid to buy LIMELIGHT NETWORKS

June 17, 2014

A $645M bid has been submitted by the private equity company Tuition Build Inc to buy CDN provider Limelight Networks (LLNW) in an effort to take the company private.

Tuition Build s provides values each share of Limelight at just over $6.50, which is a nice premium considering that Limelight has yet to turn a profit over the past thirteen years with Limelight s stock closing at $2.83 a share.

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Source: TendersInfo (India)

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