Brief: IOU Receives Unsolicited Proposal
27/07/2023 24:16
July 26 (Reuters) - Iou Financial Inc IOU.V :
* IOU RECEIVES UNSOLICITED PROPOSAL
* IOU FINANCIAL INC SAYS HAS RECEIVED A NON-BINDING,
INDICATIVE
UNSOLICITED PROPOSAL FROM NORTH MILL EQUIPMENT FINANCE LLC
* IOU FINANCIAL -RECEIVED UNSOLICITED PROPOSAL FROM NORTH
MILL TO
ACQUIRE ALL OUTSTANDING SHARES OF IOU AT A PRICE OF C$0.28 IN
CASH FOR EACH SHARE
* IOU FINANCIAL INC SAYS NMEF PROPOSAL IS NOT A FORMAL OFFER
TO
IOU SHAREHOLDERS
Source text for Eikon: ID:nCNWHXWtVa
Further company coverage: IOU.V
((Reuters.Briefs@thomsonreuters.com;))
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