Optibase extends tender offer to buy 5 pct of Scopus shares

Aug 24 (Reuters) - Israel's Optibase Ltd (OBAS.O) said it is extending the period of its tender offer by four days to buy about 5 percent of Scopus Video Networks Ltd's SCOP.O outstanding shares for $5.75 a share in cash.

The provider of advanced digital video solutions said the period of the tender offer and withdrawal rights is now scheduled to expire on Aug. 27. (Reporting by Tenzin Pema in Bangalore)