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Yanki Margalit

Investor Israel
Last Update Apr 4, 2019

Yanki Margalit News

1 article
Sep 16, 2008 · www.globes.co.il
growth-negative
Aladdin's Yanki Margalit: It's not personal
Vector Capital, a private equity group, is eyeing a forced merger with Aladdin Knowledge Systems. Vector Capital acquired SafeNet last year and is now interested in acquiring Aladdin for $180 million. Aladdins market cap has recently plummeted to $117 million. Aladdins founder and CEO, Yanki Margalit, has expressed interest in acquiring Vectors business, but the value is in question. Vector has called for an extraordinary shareholders meeting to seek a replacement of the Aladdin board. Despite talks of a possible merger between Aladdin and SafeNet, Margalit has not seriously considered selling the company he founded. Vector Capital warns that it wont wait indefinitely for the takeover to be completed.
Acquisition