Eureka Urges Shareholders to Reject Low Aspen Bid
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Eureka Urges Shareholders to Reject Low Aspen Bid

Aspen Group Limited (AU:APZ) has released an update.

Eureka Group Holdings Limited warns shareholders to reject Aspen Group Limited’s takeover bid, highlighting the offer’s significant undervaluation of Eureka shares compared to market price and independent expert valuations. Eureka’s board criticizes Aspen for presenting misleading information regarding potential acquisition outcomes and overestimating Eureka’s future earnings without substantiation.

For further insights into AU:APZ stock, check out TipRanks’ Stock Analysis page.

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