The Board of Directors of Salada Foods Jamaica Limited has announced that Mayberry Investments Limited has served a written notice upon the Company increasing its Take-Over Bid price from J$32.50 per stock unit to J$40.08 per stock unit. The Company has summoned an urgent meeting of its Board of Directors to be held on September 19, 2007 to consider the Mayberry increased offer price with a view of making a recommendation or other appropriate response to its stock-holders. The Company will publish its further recommendation or response in the Press and will send to its stockholders a copy of such recommendation or response to the Mayberry offer.
Salada Foods Jamaica Ltd. (SALF)- Bid
- September 21, 2007
- 12:00 am