Entellect to decide on takeover offer on 3 Nov

Entellect to decide on takeover offer on 3 Nov

Educational software developer Entellect Solutions (ASX:ESN) has revealed it will on 3 November advise shareholders on whether to accept the revised takeover offer from Mooter Media (ASX:MMZ).

Entellect is preparing the required target statement, which will contain the director's recommendations over the offer.

The board had advised shareholders to take no action while the response is prepared.

ESN and MMZ shares are unchanged at a respective $0.002 and $0.007.

Join the CIO Australia group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.

Join the newsletter!


Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags Mergers and acquisitionsEntellectMooter MediaASX:MMZASX:ESN

Show Comments