Shareholders in ringtone specialist, Monstermob, on Friday voted in favour of a refinancing plan that will see Spain’s LaNetro Zed take a controlling 53 per cent stake in the firm. The shareholders backed the Spanish firm over a rival takeover plan from Chinese mobile content group, Linktone. More than 80 per cent of MonsterMob’s shareholders […]
Chinese content company Linktone confirmed plans to make a formal offer for UK-based mobile content firm MonsterMob on Wednesday. Linktone’s proposal is conditional that MonsterMob turns down a rival offer from Spain’s LaNatro Zed at its EGM on Friday. “Linktone is ready to make a formal takeover offer for MonsterMob within hours of MonsterMob’s EGM […]
UK-based mobile content provider, Monstermob, has confirmed that it has received an approach for the company. The news was welcomed by investors with shares in the firm climbing £0.11 to £0.67 on Tuesday morning, bringing some relief to stockholders, which have received three profit warnings from Monstermob this year. “The board wishes to stress that […]
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