hi all
30 March 2007
"destra Corporation Limited (destra) (ASX:DES) and Magna Pacific Holdings (Magna)
(ASX:MPH) today announced their intention to implement a scheme of arrangement
(Scheme) under which destra will acquire all of the issued capital in Magna.
Destra will grow with this transaction to become the largest non-studio film, video and music
content company in Australia and New Zealand."
surely this will be enough to improve the SP once the deal goes thru...
hp
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