GTN Ltd. (AU:GTN) has released an update.
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Viburnum Holdings Pty Ltd has initiated an off-market takeover bid for all the ordinary shares of GTN Limited, offering shareholders $0.465 cash per share. The dispatch of the bidder’s statement to GTN shareholders and optionholders marks the opening of the offer. GTN Limited shareholders are advised to consider the unconditional cash offer carefully and consult with professional advisors if necessary.
For further insights into AU:GTN stock, check out TipRanks’ Stock Analysis page.