Statement from the independent bid committee of Readly International AB (publ) in response to the public cash offer by Tidnings AB Marieberg, a subsidiary of Bonnier News Group AB
The independent bid committee of Readly International AB (publ) (“Readly” or the “Company”) unanimously recommends that all shareholders accept the cash offer from Tidnings AB Marieberg (“Bonnier News”).This statement is made by the independent bid committee of Readly pursuant to section II. 19 of Nasdaq Stockholm’s Takeover Rules (the “Takover Rules”). Background Bonnier News, a wholly-owned subsidiary of Bonnier News Group AB, has today announced a public cash offer to the shareholders of Readly to tender their shares in Readly to Bonnier News (the “Offer”). Under the terms of