Invitel Holdings board to consider Mid Europa's $4.50-per-share offer

By Lisa Kerner

Charlotte, N.C., Dec. 7 - Invitel Holdings A/S announced that it is evaluating a $4.50-per-share tender offer from Mid Europa Partners LLP for the company's outstanding shares, including those in the form of American Depositary Shares.

Mid Europa owns 74.4% of Invitel Holdings, according to an Invitel news release.

Invitel said it expects the independent members of its board of directors to state their position on the offer on or before Dec. 18.

Based in Budaors, Hungary, Invitel is a fixed-line telecommunications and broadband internet services provider.

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