Brief: Far Says Meridian Capital Rejects Samuel Terry Takeover Bid

FAR

04/02/2022 01:06

Feb 4 (Reuters) - FAR Ltd  FAR.AX :
    * RECEIVED LETTER FROM MERIDIAN CAPITAL INTERNATIONAL FUND,
19.28%
SHAREHOLDER, REJECTING TAKEOVER BID MADE BY SAMUEL TERRY ASSET
MANAGEMENT
    * MERIDIAN HAS ALSO STATED IT REMAINS COMMITTED TO ITS
INVESTMENT
IN FAR SUBJECT TO LEGAL CONDITIONS
    * NOTES THAT MERIDIAN CAPITAL REJECTS OFFER DUE TO PRICE
"BEING
OPPORTUNISTIC AND WHOLLY INADEQUATE"

Source text for Eikon:  ID:nASX87t5Lc 
Further company coverage:  FAR.AX 

 ((Reuters.Briefs@thomsonreuters.com;))