KM Financial Solutions | UPDATE 1-MasMovil shareholder seeks better terms on takeover bid
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UPDATE 1-MasMovil shareholder seeks better terms on takeover bid

UPDATE 1-MasMovil shareholder seeks better terms on takeover bid

AllianceBernstein,
which holds around a 1.25% stake in MasMovil, said on
Tuesday a takeover offer for the Spanish telecoms company from
three private equity funds was too low and asked the board to
seek better terms or rival bids.

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