ADB Accepts 4T Tender Offer
Advanced Digital Broadcast Holdings (ADB) has accepted an approach from its largest shareholder, 4T, to go private. 4T, which currently holds 45.7% of the outstanding shares in ADB, has offered CHF15.50 ($16) per share to acquire the remaining shares in the company. ADB’s board of directors said that going private was its preferred option for … Read more