By: Benzinga
January 31, 2013 at 16:44 PM EST
Qualstar Will Review Offer for 3M Shares from BKF; Offer was $1.65 per Share
Qualstar(R) Corporation (NASDAQ: QBAK ) today confirmed that Steven Bronson and BKF Capital Group have commenced an unsolicited tender offer to acquire 3 million shares of Qualstar Corporation at a price of $1.65 per share. Qualstar's Board of Directors, in consultation with its financial and legal advisors, will carefully review and consider the unsolicited tender
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