(Alliance News) - BFC Media Spa - at the request of Alga Srl - announced on Monday evening that a framework agreement was signed between the parties governing a transaction at the outcome of which the buyer will acquire the BFC shares currently held by the sellers.
The price -- set at EUR3.75 per share -- is about 6.1 percent below the average market price recorded over the three months.
BFC Media closed Monday's session flat at EUR3.94 per share
By Maurizio Carta, Alliance News reporter
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