Tagged ISIG

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Air T Sends Letter to Insignia

Purpose of Transaction. The Reporting Persons purchased the Common Stock for investment purposes. The intent of beneficial ownership of the Reporting Persons is to influence the policies of the Issuer and assert shareholder rights, with a goal of maximizing the value of the Common Stock.  In the past, the Reporting Persons have had communications with…

Insignia Systems to Tender for 41% Shares

(Marker Cap $31 million) Insignia Systems, Inc. has commenced a “modified Dutch auction” tender offer to purchase up to $12 million of its common stock. Under the terms of the tender offer, the Company’s shareholders will have the opportunity to tender some or all of their shares at a price within the range of $2.15…

Insignia Systems Confirms Ex-Div Date

Ticker: ISIG; Market Cap= $108 mm MINNEAPOLIS–(BUSINESS WIRE)– Insignia Systems, Inc. announced on February 23, 2011 that its Board had approved payment to the shareholders of a special dividend of $2.00 per share, to shareholders of record on April 1, 2011, with the payment date expected to be May 2, 2011. The Company is now…