Sunday, April 29, 2007

Tadiran to delist after Elbit buys remaining shrs

(Reuters) - Elbit, which already owned a 43 percent stake in Tadiran, bought an additional 51.16 percent or 6,690,801 of the company's shares in a cash tender offer to shareholders on Thursday.

Elbit paid 210 shekels per share or a total of 1.4 billion shekels after raising its offer from 186 shekels.


Read more at Reuters.com Mergers News

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