January 17, 2017 / 8:45 PM / in 7 months

BRIEF-Apivio Systems responds to Nuri Telecom's announcement of unsolicited offer

Jan 17 (Reuters) - Apivio Systems Inc -

* Apivio Systems Inc. responds to Nuri Telecom's announcement of an unsolicited offer

* Apivio Systems -Advised shareholders not to take action until further notice with respect to announcement earlier by Nuri Telecom Company Limited

* Apivio Systems Inc- Have established a special committee of independent directors to evaluate Nuri offer and manage value maximization process

* Apivio Systems- Co retained Haywood Securities as financial advisors in connection with offer Source text for Eikon: Further company coverage:

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