"I'm pleased that several weeks of complex negotiations have now concluded and that an outstanding deal has been reached for the benefit of all shareholders," Mooter independent director Nicholas Stavropoulos said yesterday. 8-04-2010
The deal requires 75 per cent shareholder approval.
Mooter will appoint an independent expert to prepare a report to be included in the notice of meeting for shareholders to vote on the transaction.
Mooter Media shares fell 0.4c, or 14.29 per cent, to 2.4c.
"several weeks of complex negotiations"
yep!
No vote, No deal, No nothin!
several weeks of complex negotiations
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