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79 Bird boosts its stake to 5.39% as CM.com rejects €165.8M ‘unsolicited’ takeover bid

Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals 2 place · today 02:02 EDT

Bird boosts its stake to 5.39% as CM.com rejects €165.8M ‘unsolicited’ takeover bid

Bird increases its CM.com stake above 5% after announcing a €5.16-per-share offer, but CM.com’s board rejects the €166M bid as too low. A couple of days back, Amsterdam unicorn Bird announced its intention to acquire CM.com through an all-cash public offer of €5.16 per share.  The very proposal valued the Dutch conversational commerce company at ... Read more

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