Takeover Offer
In March 2010, shareholders voted to accept a $373 million takeover offer by TPG Telecom Ltd. for $6.30 per share. The takeover is subject to approval by the Queensland Supreme Court. Shares of TPG rose 11 per cent after the news was released.
Read more about this topic: PIPE Networks
Famous quotes containing the words takeover and/or offer:
“A poet is a combination of an instrument and a human being in one person, with the former gradually taking over the latter. The sensation of this takeover is responsible for timbre; the realization of it, for destiny.”
—Joseph Brodsky (b. 1940)
“I have nothing to offer but blood, toil, tears and sweat.”
—Winston Churchill (18741965)