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General

Drillisch board neutral on United Internet takeover bid

Thursday 8 June 2017 | 10:11 CET | News
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German operator Drillisch's management and supervisory boards has refrained from issuing a recommendation to shareholders on how to vote on United Internet's takeover bid for the company. While they see potential for value creation from the merger of Drillisch with United Internet's subsidiary 1&1, the price offered by United Internet for Drillisch's shares was deemed only "adequate".

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Categories: General
Companies: 1&1 / Drillisch / United Internet
Countries: Germany
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