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Mmastodon BusinessBusiness first seen 2 d ago, last 2 d ago, peak #3

Mailpac cuts $900 million off My Cart deal price

Original: Mailpac cuts $900 million off My Cart price, seeks approval to issue shares to close deal Jamaica Gleaner http:// jamaic

Jamaican e-commerce group Mailpac has reduced its offer price for My Cart by $900 million and is seeking shareholder and regulatory approval to issue new shares to complete the acquisition. The revised terms lower the cost of the deal, and attention now turns to whether approvals will clear for the share issuance that would close the transaction.

Why now: A significant price cut in a high-profile Jamaican acquisition is fresh business news with shareholder vote implications

MailpacMy CartJamaica

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Rank over time, top of the chart is #1. 2 snapshots from 2 d ago to 2 d ago.

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