Feb 23 (Reuters) - Aspen Group Ltd (APZ) : Says received an...

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    Feb 23 (Reuters) - Aspen Group Ltd (APZ) :

    • Says received an unsolicited proposal from mill hill capital
    • Aspen Group would acquire edward baillie capital hotel & leisure fund's hotel

      / motel portfolio and operations for $31.35 million

    • Says mhc proposal is that Aspen Group would appoint john carter and david

      dixon as joint chief executive officers of Aspen Group

    • Would undertake an off-market buyback at a price of $1.20 per Aspen Group

      security of up to 25% of Aspen Group issued capital

    • Says mhc proposal is expected to be accretive to both earnings and

      distributions

    • Says has negotiated a six week period to undertake due diligence
    • Mhc proposal has considerable merit to continue to progress with the

      proposal"

                            
 
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Last
$3.95
Change
0.030(0.77%)
Mkt cap ! $894.2M
Open High Low Value Volume
$3.92 $3.98 $3.88 $1.239M 314.1K

Buyers (Bids)

No. Vol. Price($)
2 11500 $3.94
 

Sellers (Offers)

Price($) Vol. No.
$3.95 15303 1
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