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MQG Macquarie Group Limited

209.40
0.28 (0.13%)
19 Jul 2024 - Closed
Delayed by 20 minutes
Share Name Share Symbol Market Type
Macquarie Group Limited ASX:MQG Australian Stock Exchange Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.28 0.13% 209.40 208.90 210.69 210.75 207.505 208.47 941,948 09:50:00

Alaska Communications Gets Rival Takeover Bid of About $325 Million

15/12/2020 11:47am

Dow Jones News


Macquarie (ASX:MQG)
Historical Stock Chart


From Jul 2019 to Jul 2024

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By Dave Sebastian

 

Alaska Communications System Group Inc. said Tuesday it received a takeover bid of about $325 million including debt, or $3.25 a share, from a third party, higher than the $320 million offer from Macquarie Capital and GCM Grosvenor.

Macquarie Capital and GCM had raised their bid to $3.20 a share from $3 a share. Under the current agreement, the two investment firms have the right to propose a higher bid for four days beginning Tuesday, Alaska Communications said.

Alaska Communications said it would need to pay a $6.8 million termination fee to Macquarie and GCM if it goes with the third party's offer.

 

Write to Dave Sebastian at dave.sebastian@wsj.com

 

(END) Dow Jones Newswires

December 15, 2020 06:32 ET (11:32 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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