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q 4 destra holders, page-4

  1. 380 Posts.
    hi all

    30 March 2007
    "destra Corporation Limited (destra) (ASX:DES) and Magna Pacific Holdings (Magna)
    (ASX:MPH) today announced their intention to implement a scheme of arrangement
    (Scheme) under which destra will acquire all of the issued capital in Magna.

    Destra will grow with this transaction to become the largest non-studio film, video and music
    content company in Australia and New Zealand."

    surely this will be enough to improve the SP once the deal goes thru...

    hp
 
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