The board of MUL is pleased to announce they are making an aquistion, the company they are aquiring is Telstra Corporation.
Adrain Ballintine said this was an exciting addition to the company.
He further stated that it would be funded by a share issue. Ballintine said that he believed one MUL share was a high price to pay for Telstra but added we were interested because both companies are in a mess and thats what we are good at.
MUL Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held