By: Benzinga
Stec Confirms Settlement Discussions to Avert Proxy Contest with Balch Hill and Potomac Capital have Broken Down
STEC (NASDAQ: STEC ) today confirmed that settlement discussions to avert a proxy contest with Balch Hill and Potomac Capital have broken down, as noted in an open letter they sent to STEC shareholders. "STEC has gone to great lengths to offer a reasonable compromise to the two parties, which
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