Englewood, Colo. - Media conglomerate Liberty Media announced on Friday that it has made an offer to acquire the 47% of casual fantasy and sports games publisher FUN Technologies it does not already own, for about $3.27 per share.
Toronto, Canada-based FUN Technologies, which has a market capitalization of about $188 million, said that its board will establish a committee of independent directors to review the offer.
Colorado-based Liberty Media also holds stakes in IAC/InterActiveCorp, Expedia, Starz Entertainment, News Corporation and Time Warner.
Related Links:
http://biz.yahoo.com/prnews/070621/lath115a.html?.v=1
http://www.libertymedia.com
http://www.funtechnologies.com
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