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Dec 6 (Reuters) - Inabox Group Ltd (IAB) : BOARD UNANIMOUSLY...

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    06/12/18
    12:25
    Post #: 36770537

    Dec 6 (Reuters) - Inabox Group Ltd (IAB) :

    • BOARD UNANIMOUSLY CONTINUES TO RECOMMEND IMPROVED MNF TRANSACTION IN ABSENCE OF A SUPERIOR PROPOSAL
    • EXPRESSES CONCERNS ABOUT IMPROVED SB&G TAKEOVER OFFER
    • ANSWERS RECEIVED FROM SB&G IN RESPONSE TO CO QUESTIONS DO NOT ADEQUATELY ADDRESS A NUMBER OF IMPORTANT CONCERNS RAISED BY INABOX
    • BOARD DOES NOT BELIEVE THAT A FULLY FRANKED SPECIAL DIVIDEND CAN BE PAID TO SHAREHOLDERS UNDER IMPROVED SB&G TAKEOVER OFFER
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