Mooter Media is offering two MMZ shares, one option at $0.015 and one option at $0.05 for every 40 shares of the educational software developer.
The company first made the offer in August. At the time, Entellect advised shareholders to take no action.
MMZ shares are today trading $0.001 higher at $0.008, while ESN shares are unchanged at $0.002.
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