Brief: Pacific Smiles Says Shareholders With 12% Voting Power Support Genesis Bidco's Strategy
22/11/2024 01:20
Nov 22 (Reuters) - Pacific Smiles Group Ltd PSQ.AX :
* UPDATE ON THE BOARDS RECOMMENDATION TO GENESIS BIDCOS
OFFER
* SHAREHOLDERS WITH 12% VOTING POWER SUPPORT GENESIS BIDCO'S
STRATEGY
* NOW UNANIMOUSLY RECOMMEND THAT PACIFIC SMILES SHAREHOLDERS
ACCEPT CASH OFFER
* BOARD: GENESIS BIDCO LIKELY TO OBTAIN EFFECTIVE CONTROL
* OFFER PRICE IS BEST AND FINAL, NO INCREASE EXPECTED
Further company coverage: PSQ.AX
((Reuters.Briefs@thomsonreuters.com;))
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