BERLIN, Sept 30 (Reuters) - Germany’s Freenet was unswayed by Sunrise Communications’ move to slash its proposed rights issue, pledging on Monday to continue its fight against the Swiss company’s proposed 6.3 billion Swiss franc ($6.35 billion) acquisition of Liberty Global’s Swiss UPC assets.
“If this is the only change, it will not affect our decision to vote against the deal,” Freenet said in a statement. “For now it is clear that the deal as such has lost its strategic logic.”
($1 = 0.9925 Swiss francs)
Reporting by John Miller; editing by Thomas Seythal