Looks like the offer by SB&G for Inabox is superior to MNF, and is supported by an existing 19.9% holding in the company. I think MNF can kiss this acquisition good bye, although it actually looked good to me.
MNF's Share Purchase plan was to help fund this acquisition, so the competing takeover offer might make the plan unnecessary. A break fee of $500k probably just covers the costs.
Looking for MNF to show us some glimpses of it's performance from the last few years.
MNF Price at posting:
$4.00 Sentiment: Hold Disclosure: Held
