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Monday, July 19, 2010

Takeover of WIN seems to be moving closer

A takeover of UK mobile technology company WIN plc seems to be increasingly likely. Last week WIN directors recommended accepting an offer of 141p per share from IMI mobile; today it's reported that private equity group ECI Partners is offering 150p per share. ECI's plan would merge WIN with Mobile Interactive Group (MIG).

[Sources: BrandRepublic.com; hemmscottir.com]

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