May 4 (Reuters) - Australian Clinical Labs Ltd (ACL) :
- BOARD UNANIMOUSLY RECOMMENDS SHAREHOLDERS REJECT THE OFFER BY AUSTRALIAN CLINICAL LABS
- BOARD IS NOT OPPOSED TO ENGAGING IN DISCUSSIONS WITH ACL, OR ANOTHER PARTY, IN RELATION TO A CONTROL TRANSACTION OR MERGER PROPOSAL
- UNSOLICITED CONDITIONAL OFFER "OPPORTUNISTICALLY TIMED" AND WOULD RESULT IN AN "UNFAIR TRANSFER OF VALUE" FROM CO'S SHAREHOLDERS TO ACL
News: ACL Healius Ltd Board Recommends Shareholders Reject Australian Clinical Labs' Offer
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$2.83 |
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Mkt cap ! $555.7M | |||
| Open | High | Low | Value | Volume |
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|---|---|---|
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