UNV universal coal plc
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News: UNV Universal Coal Rejects Takeover Bid By TerraCom's TCIG Resources

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    17/03/20
    10:50
    Post #: 43534735

    March 17 (Reuters) - Universal Coal Plc (UNV) :

    • UPDATES ON UNSOLICITED TAKEOVER BID BY TCIG RESOURCES
    • INDEPENDENT EXPERT CONCLUDES TERRACOM UNSOLICITED BID NEITHER FAIR NOR REASONABLE
    • COMMITTEE RECOMMENDS THAT NON- ASSOCIATED SHAREHOLDERS REJECT UNSOLICITED BID
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