LibertyOne Admits Merger Talks Without Naming China.com
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In response to prices reaching a record high of AUS$2 yesterday, the company was forced to issue another statement to the Australia Stock Exchange, the second such briefing in a fortnight.
In responding to the ASX, LibertyOne said the company is presently in talks with another company, which may lead to a merger between LibertyOne and an undisclosed company.
According to LibertyOne, the board is yet to make a decision regarding the merger proposal. Yesterday shares closed at AUS$1.93 up some 34 cents from a fortnight ago.