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BRIEF-Usen changes lower limit of ToB offered by U-NEXT's unit to 65.9 mln shares
March 10, 2017 / 6:56 AM / 8 months ago

BRIEF-Usen changes lower limit of ToB offered by U-NEXT's unit to 65.9 mln shares

March 10 (Reuters) - Usen Corp :

* U-Next Corp’s wholly owned unit U-NEXT SPC1 is offering a takeover bid for shares in Usen Corp’s stock

* Says the lower limit for the transaction has been changed to 65.9 million shares (32 percent stake) instead of 71.5 million shares (34.68 percent stake) previously

Source text in Japanese: goo.gl/DvCLqQ

Further company coverage: (Beijing Headline News)

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