MasMovil shareholder asks board to seek better bid as current offer too low
08 Jun MasMovil shareholder asks board to seek better bid as current offer too low
Posted at 10:47h
in
News
by KMFSLLP
Investment fund AllianceBernstein
, which holds a stake in Spanish telecom firm MasMovil
, said on Tuesday the takeover offer filed by three
private equity funds is too low and asked its board to seek
better terms or rival bids.
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