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News: XIP Qantm Intellectual Property Notes Announcement By IPH Ltd

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    29/11/18
    21:45
    Post #: 36695731

    Nov 29 (Reuters) - Qantm Intellectual Property Ltd (QIP) :

    • QANTM INTELLECTUAL PROPERTY - NOTES ANNOUNCEMENT BY IPH LTD TO CLARIFY NATURE OF INDICATIVE PROPOSAL TO ACQUIRE QANTM
    • IPH'S INDICATIVE PROPOSAL IS NOT SUPERIOR
    • INDICATIVE PROPOSAL DID NOT MEET BOARD'S EXPECTATION ON PRICE
    • QANTM BOARD REITERATES ITS SUPPORT FOR MERGER BETWEEN QANTM AND XENITH
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