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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

Original Bidders Macquarie Capital, GCM Top Competing Offer for Alaska Communications by a Penny a Share

22/12/2020 11:45am

Dow Jones News


Macquarie (ASX:MQG)
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From Jul 2019 to Jul 2024

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By Dave Sebastian

 

Alaska Communications System Group Inc. said Tuesday its original bidders for a takeover, Macquarie Capital and GCM Grosvenor, have upped their offer to $3.26 a share from $3.20 a share, valuing the deal at about $325 million, including debt.

The bid is a penny a share higher than a competing offer Alaska Communications disclosed last week.

The two investment firms have increased their bid from about $300 million, as a "go-shop" period allowed the broadband and information technology-services company to review competing offers.

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

 

(END) Dow Jones Newswires

December 22, 2020 06:30 ET (11:30 GMT)

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

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