Spark Sticks to $22.7m for TeamTalk, But Lowers Acceptance Threshold
Spark New Zealand has said its 80 cent per share offer for TeamTalk valuing the company at $22.7m, announced in February, is “full and final” but it has waived the condition requiring 90 percent shareholder acceptance. The offer will how become unconditional if shareholder acceptance exceeds 50 percent.