MNF 1.21% $5.73 mnf group limited

News: MNF Inabox Group Says Board Unanimously Continues To Recommend Improved MNF Offer

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    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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