Brief: Grupo Media Capital Board Considers Cofina's Offer As Adequate

Grupo Media Capital SGPS SA

18/10/2019 06:18

Oct 18 (Reuters) - Grupo Media Capital SGPS SA  MCP.LS :
    * SAID ON THURSDAY BOARD CONSIDERS OFFER OF COFINA FOR
PROMOTORA
DE INFORMACIONES (PRISA)  PRS.MC  STAKE IN MEDIA CAPITAL
 MCP.LS  APPROPRIATE AND ITS CONDITIONS ARE ADEQUATE
    * BOARD CONSIDERS THE OFFER PRICE OF 2.3336 EUROS PER SHARE
AS
ADEQUATE
    * BOARD CONSIDERS STRATEGY PRESENTED BY OFFEROR AS POSITIVE

    
 Source text: https://bit.ly/2MpuKKl
    
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