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Telus bids C$763 million for Emergis

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Telus bids C$763 million for Emergis in Wireless Topics; "Telus bids C$763 million for Emergis Thu Nov 29, 2007 ..."

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11-29-2007, 10:06 AM	#1
Ironwalt Are you in my Circle? Join Date: Nov 2005 Location: NLR, Arkansas Posts: 2,194 Phone(s): razr2 v9m, Cricket Broadband Provider(s): Alltel & Cricket Broadband Devices: Moto H500, Cricket Broadband Thanks: 0 Thanked 1 Time in 1 Post	Telus bids C$763 million for Emergis Telus bids C$763 million for Emergis Thu Nov 29, 2007 8:47am EST OTTAWA, Nov 29 (Reuters) - Telus Corp (T.TO: Quote, Profile, Research), Canada's No. 2 phone company, said on Thursday it had agreed to acquire Emergis (EME.TO: Quote, Profile, Research) with a cash offer of C$8.25 per common share that values the electronic commerce firm at about C$763 million ($770 million). Telus said it has the right to match any superior offer for Emergis and its support agreement includes a C$15 million non-completion payment to Telus. The deal is seen closing in the first quarter of 2008. ($1=$0.99 Canadian) (Reporting by Susan Taylor; editing by Janet Guttsman) __________________ Alltel user since 6/97

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