Brief: Media Capital Board Says Offer From Portugal's Cofina "Inadequate"

Grupo Media Capital SGPS SA

31/08/2020 07:28

Aug 31 (Reuters) - Grupo Media Capital SGPS SA  MCP.LS  said
on Friday:
    * BOARD CONSIDERS COFINA'S OFFER TO BUY SHARES AT 0.415
EUROS EACH
TO BE "INADEQUATE"  urn:newsml:reuters.com:*:nL8N2FE66I
    * IT DOES NOT RECOMMEND SHAREHOLDERS TO SELL THEIR SHARES AT
THE
OFFERED PRICE   

    
 Source text: https://bit.ly/32F6yub
 Further company coverage:  MCP.LS  

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10))