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Offer Talks Terminated

Offer Talks Terminated.

articleDistil PlcMarch 12, 20073/company/distil-plc/news/offer-talks-terminated-12
Offer Talks Terminated

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[{"type":"text","content":"\n Blavod Extreme Spirits PLC\n12 March 2007\n\n\nBlavod Extreme Spirits PLC ('Blavod' or the 'Company')\n\n\nOffer Talks Terminated\n\n\nOn 28 November 2007 the Board of Blavod Extreme Spirits PLC ('Board') announced\nthat it had received a signed Letter of Intent from an unnamed (NASDAQ) OTC:BB\nlisted company that may or may not lead to an all share offer being made for the\nshares in the Company and further confirmed in its interim statement on 29\nDecember 2006 and in a trading update on 11 January 2007 that these talks were\nongoing.\n\n\nThe Board of Blavod now confirms that it has terminated discussions with the\nofferor for the purchase of the Company as a result of the offeror's inability\nto provide due diligence comfort to the Blavod Board regarding specific offeror\ncompany information.\n\n\nThe Company will make a further announcement about developing business in due\ncourse.\n\n\nEnquiries:\n\nMark Brady, Brewin Dolphin Securities 0113 241 0130\n\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n \n ","length":1293,"tagName":"div"}]

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