DHX Media rises after co says aware of unsolicited merger bid

WildBrain

04/06/2019 18:07

** Shares of Canadian entertainment company  DHX.TO  rise
14.6% to C$2.04
    ** DHX says Sakthi Global Holdings has made an unsolicited
bid to acquire the co 
    ** At this time, Sakthi Global Holdings has not responded to
questions from DHX and co has not been able to verify the
ability of SGH to carry out a deal - DHX  urn:newsml:reuters.com:*:nCNWjfsZCa
    ** Says board will consider and evaluate any formal offer
that is received
    ** Despite session gains, stock down ~9% this year

 (Reporting by Debroop Roy in Bengaluru)
 ((Reuters Messaging:
debroop.roy.thomsonreuters.com@reuters.net))