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Name | Symbol | Market | Type |
---|---|---|---|
Macquarie Group Ltd (PK) | USOTC:MQBKY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
1.21 | 0.81% | 151.06 | 149.22 | 152.58 | 151.30 | 150.604 | 151.30 | 11,955 | 22:00:01 |
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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