UK takeover panel extends deadline for Epiris takeover of Gamma Communications
Britain’s Gamma Communications said on Wednesday the UK takeover panel has once again extended the deadline for Epiris to make a firm offer for the telecom company to August 5.
Discussions between Gamma and private-equity firm Epiris, as well as other potential bidders are ongoing, the British company said in a statement.
Gamma shares were up 7.5% at 891.5 pence on the news.
