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2.06% 9.9¢ desoto resources limited

hi all30 March 2007"destra Corporation Limited (destra)...

  1. hackpet
    380 Posts.
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    20/04/07
    12:08
    Post #: 2375990
    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
    DES Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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