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Mecom Group announces Offer from De Persgroep N.V.

Monday, 30 Jun 2014 02:07am EDT 

Mecom Group PLC:Reaches agreement of a recommended cash offer pursuant to which De Persgroep Publishing N.V. ( De Persgroep Publishing), a wholly-owned subsidiary of De Persgroep, to acquire all of the issued and to be issued share capital of Mecom (the Transaction).Each Mecom Shareholder will be entitled to receive 1.55 pounds in cash for each Mecom Share they hold, which values the entire issued and to be issued share capital of Mecom, on a fully diluted basis, at about 196 mln pounds.Gleacher Shacklock acts as the adviser to Meacom. 

Company Quote

4.0 +3.17%
31 Oct 2014