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Pilat Media Global

  • BY: Andrew Hore |
  • POSTED: 17/04/2009 |

SintecMedia has received bid acceptances of 48.9% of the shares of Pilat Media Global and has extended its offer to 30 April 2009.

SintecMedia is offering 26.5p a share for Pilat, which values the rival developer of business management software for broadcasters at £16.3m. When it sent out the offer document SintecMedia had undertakings to accept its bid equivalent to 11.9% of the Pilat share capital.

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