Thrane &Thrane takeover terms agreed

摘要

Terms of a revised voluntary tender offer for communications specialist Thrane & Thrane have been agreed between the company's board and Cobham, the parent company of Sea Tel. Under the terms of the revised offer, Thrane & Thrane shareholders will be offered DKr435 ($74) in cash for each Thrane & Thrane share, an increase of DKrl 5 per share over Cobham's offer announced on 10 April. Initially, Cobham had said its DKr420 offer was final and would not be increased unless another party made a bid for the company.