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Posted on: March 7, 2016, 6 p.m.
Tom Henderson - Timing is everything, as RealD found out in November when Birmingham-based Rizvi Traverse Management LLC agreed to pay $537.8 million, including the assumption of debt, for the struggling 3-D technology company, a deal that worked out to about $11 a share.The deal came a year after Beverly Hills, Calif.-based RealD rejected an unsolicited offer of $600 million from the activist hedge fund Starboard Value LP, and nine months after RealD management decided it wanted to sell the ... Full investment news article