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ILCO.....Next to go!!!
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[QUOTE]Originally posted by imran_h: [QB] ILCO...from RB fwiw. ILCO TAKEOVER Lisbon - A source from Sonae SGPS said today that Sonae SGPS will launch a takeover to Innotelco Inc . Sonae SGPS, will notifie next friday the Portuguese National Securities Market Commission (CNMV) that it was willing to waive the condition of a 75% minimum acceptance level to which its public offer for the acquisition of Innotelco Inc shares was subject, taking into consideration that the response received will be sufficient to develop the business project pursued through the takeover bid. Sonae SGPS will launch a takeover bid for Innotelco Inc with the payment of $0.0075 USD for each of the that responded to the tender offer, this initial offer could reach the limit of price of $0.015USD for each share of the company. http://www.ragingbull.lycos.com/mboard/boards.cgi?board=ILCO&read=2098 [/QB][/QUOTE]
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