Trades in Tradedoubler after Gravity4 bid will not be cancelled-Stockholm bourse
22/05/2015 12:48
STOCKHOLM, May 22 (Reuters) - Trades in Swedish online
marketing firm Tradedoubler's TRAD.ST made after U.S. peer
Gravity4 announced on Wednesday an offer to buy Tradedoubler
will not be cancelled, a Stockholm bourse spokesman said on
Friday.
Tradedoubler's shares were suspended on Wednesday after they
soared 53 percent. Gravity4 on Thursday cancelled the bid.
ID:nFWN0YC01N
The Swedish Financial Supervisory Authority said separately
on Friday it had forbidden Gravity4's bid as it did not comply
with Swedish takeover rules. ID:nFWN0XZ09N
(Reporting by Olof Swahnberg)
((Olof.Swahnberg@thomsonreuters.com; 08-700 1019; Reuters
Messaging: olof.swahnberg.reuters.com@reuters.net))
Keywords: TRADEDOUBLER/