We believe that time is of the essence and are prepared to immediately engage with the Company and its legal and financial advisors regarding this transaction. In the absence of a response to this letter by 5pm ET on Wednesday, December 12, 2012 that generates demonstrable progress towards a transaction, we will evaluate other options available to us—including, but not limited, to an offer extended directly to shareholders and/or alternative entry points into the Company's capital structure.
Group Led By Former Chairman And CEO Kaleil Isaza Tuzman Extends Revised Acquisition Offer To KIT Digital Board Of Directors
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