Market Overview

Longkloof Limited Increases Offer for New Frontier Media to $1.75 Per Share

Longkloof Limited today announced that it has sent a letter to the Board of Directors of New Frontier Media, Inc. (Nasdaq: NOOF) increasing its offer to acquire all of New Frontier Media's outstanding common stock to $1.75 per share. Longkloof currently beneficially owns 15.9% of the outstanding shares of common stock of New Frontier Media.

Posted-In: News M&A

 

Related Articles (NOOF)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters