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BRIEF-Teamtalk says directors recommend shareholders to not accept Spark New Zealand's proposal
February 8, 2017 / 1:22 AM / 9 months ago

BRIEF-Teamtalk says directors recommend shareholders to not accept Spark New Zealand's proposal

Feb 8 (Reuters) - Teamtalk Ltd

* Directors recommend that shareholders do not sell their shares or enter into a commitment to accept proposed offer from Spark New Zealand

* Says “Spark proposal is hostile and highly conditional”

* Says “there is no certainty that Spark will proceed with a takeover offer and no certainty that 80 cents is the price they will offer” Source text for Eikon: Further company coverage:

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