Trade Me board recommends shareholders accept $2.56b rival takeover offer
Apax Partners matches an alternative offer from a US private equity firm.
Trade Me’s board is recommending shareholders accept a proposal from British private equity firm Apax Partners to acquire 100% of its shares for $6.45 per share.
Trade Me shares once again jumped on the news, up 4.25%, or 26c, to $6.38.
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