Count sweetens Diverger bid
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Count Limited has increased its acquisition offer for Diverger.
The two companies announced to the Australian Securities Exchange (ASX) today that Count had increased its offer to $1.365 per share based on a cash consideration of 0.40 cents per share and scrip consideration of $1.44.
The announcement said that, in addition, Diverger would now be permitted to pay a fully franked cash dividend of up to 10 cents per Diverger share on a prior implementation of the Scheme.
The Diverger Board said that the company continued to unanimously consider the scheme in the best interest of shareholders.
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