Adapt IT board rejects Huge Group offer

[Hanno Labuschagne]

Adapt IT board rejects Huge Group offer

The board of Adapt IT has recommend that its shareholders reject the offer of Huge Group to acquire all of the company's issued shares.

This comes after Huge Group had in January made a general offer to acquire up to 100% of the entire issued share capital of Adapt IT.

The board said based on the opinion of an independent expert it had appointed, the Huge offer was "unfair and unreasonable".

 

[Crayons]

Should have made a Huge offer

 

[ToxicBunny]

Ooooo the temper tantrum from Huge after this is going to be spectacular to watch.

 

[InvisibleJim]

Huge Group @AdaptIT

#bettertogether #tooneedy

 

[Illegal Allien]

Ooooo the temper tantrum from Huge after this is going to be spectacular to watch.

Definitely a lot of whining coming our way. Tried too hard!!

 

[Peon]