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Article: Kudelski Group Provides Additional Details Regarding Premium Tender Offer to Acquire OpenTV.
- Article from:
- Telecommunications Weekly
- Article date:
- November 11, 2009
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The Kudelski Group (SIX: KUD.VX) today is filing with the U.S. Securities and Exchange Commission additional presentation materials supporting Kudelski's tender offer commenced on October 5, 2009 to acquire all outstanding Class A shares of OpenTV Corp. (NASDAQ: OPTV) not already owned by Kudelski or its subsidiaries for US$1.55 per share in cash. The presentation is available now at www.opentvvalue.com.
As detailed in Kudelski's materials, the tender offer provides all OpenTV shareholders an attractive exit option based on the following key factors: (1) the offer provides significant premiums versus recent and unaffected OpenTV trading levels and enterprise ...