Tuesday, August 4, 2009

Cyberplex Inc. Proposes Acquisition of Burst Media Corporation for Pounds Sterling 0.12 Per Share

http://finance.yahoo.com/news/Cyberplex-Inc-Proposes-iw-3287367747.html?x=0&.v=1
Proposed transaction valued at approximately $16.5 million (USD) in cash; provides 81.3 percent premium to current trading price for Burst shareholders; Board of Directors of Burst rejects proposal