Airmedia enters into amendment no. 3 to merger agreement for going private transaction [Reuters]
AIRMEDIA GROUP (AMCN)
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Company Research
Source: Reuters
Airmedia enters into amendment no. 3 to merger agreement for going private transactionJune 28 (Reuters) - Airmedia Group Inc :Airmedia enters into amendment no. 3 to merger agreement for going private transaction.Airmedia Group Inc- special committee is evaluating revised proposal with assistance of its financial and legal advisors.Airmedia Group Inc - special committee of board received proposed amendment from Herman Guo Man Dan Shao and Qing Xu.Airmedia Group- merger agreement amendment no. 3 extends termination date to July 31, 2017 so as to give special committee sufficient time to consider revised proposal.Says ?special committee received proposed amendment to merger agreement from buyer group on May 23, 2017?.Airmedia Group - under terms, either co or parent could terminate merger agreement if merger contemplated by deal not been completed by June 30, 2017.Airmedia - special committee received revised proposal from buyers on May 23 to buy co shares not already owned by them for
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