Brief: Airmedia enters into amendment no. 4 to merger agreement for going private transaction

Yueda Digital Holding

31/07/2017 13:00

July 31 (Reuters) - Airmedia Group Inc  AMCN.O  
    * Airmedia enters into amendment no. 4 to merger agreement 
for going private transaction 
    * Airmedia Group Inc - under amendment, parent termination 
fee has been increased from us$5.32 million to us$10.64 million 
    * Airmedia Group Inc - deal price reduced from $3.00 per 
share or $6.00 per ads to $2.05 per share or $4.10 per ads 
    * Airmedia Group Inc - parent termination fee has been 
increased from us$5.32 million to us$10.64 million 
    * Termination date of merger agreement has been extended 
from july 31, 2017 to december 31, 2017 
 
Source text for Eikon:  ID:nPn29ZWLza  
Further company coverage:  AMCN.O  
 
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