The board of TV technology provider Technicolor has decided to recommend an offer by JP Morgan to buy the company despite a surprise offer by Vector Capital.
The board has decided unanimously to recommend JP Morgan’s offer to the company’s forthcoming general assembly, despite the higher Vector Capital offering. The latter, which owns 0.6% of Technicolor, is reportedly to place a series of resolutions before the assembly including a doubling of the company’s capital, reserved for itself at a price of up to €1.90 a share, which would enable it to take control of up to 18% of the group.
Department of Justice chances of success aremotea, says @ATT chief. #Fox #21CenturyFox #Comcast #TVa https://t.co/uNx68qaqQb
16 July 2018 @ 20:00:01 UTC
ICYMI: Online #video viewing to exceed an hour per day in 2018, according to @zenith. https://t.co/ZPDqQsrNQm https://t.co/hxIxnoTqeI
16 July 2018 @ 18:00:01 UTC
ICYMI: Mediaset strikes deal with @DAZN_IT to bring #SerieA to premium subscribers. https://t.co/ch7DOHmFuI
16 July 2018 @ 17:00:01 UTC
ICYMI: Iflix passes 15 million subscribers. #SVOD https://t.co/1OBGudXocd https://t.co/GH31wuzhIE
16 July 2018 @ 16:30:01 UTC
.@P7S1Group moves forward with #4K #UHD #TV plans. https://t.co/KAWEJsV8xj https://t.co/V7PjiO5Lpu
16 July 2018 @ 15:00:02 UTC
