Wednesday, April 25, 2007

Elbit gets regulatory approval for Tadiran offer

(Reuters) - Ten days ago Elbit raised its offer for Tadiran shares to 210 shekels per share from 186 shekels, increasing the entire tender offer to 1.5 billion shekels from 1.33 billion.

Elbit owns about 43 percent of Tadiran and is seeking to buy the remaining 7,148,101 shares it does not own.


Read more at Reuters.com Mergers News

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