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Beagle Investments S.A. Announces Mandatory Offer for Shares in Paradox Entertainment publ AB


Tuesday, 30 Jul 2013 01:47pm EDT 

Paradox Entertainment publ AB announced that on June 18, 2013 Beagle Investments S.A. has published a mandatory offer (the Offer) for the acquisition of all outstanding shares in Paradox Entertainment at a price of SEK 0.19 per share. Acceptance period will run until August 27, 2013. The Company's Board of Directors will announce its opinion on the Offer no later than two weeks before the acceptance period's deadline. Mr. Mikael Wiren, Chairman of the Company's Board of Directors, will not take part in the Board's evaluation of the Offer due to his connections with Beagle, where he holds a controlling interest. 

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