--Swiss regulator clears public offer for Swiss Datacolor's stock

Internet Business News
01-19-2011
--Swiss regulator clears public offer for Swiss Datacolor's stock

INTERNET BUSINESS NEWS-(C)1995-2011 M2 COMMUNICATIONS

19 January 2011 - The Swiss takeover board said today it has approved the public offer made by Werner Dubach for the outstabding stock of Swiss provider of colour management solutions Datacolor (SWF:DCN).
The takeover board has concluded that the offer meets all the legal requirements.

In December 2010, Dubach, who is chairman of Datacolor's board of directors and investor in the company, offered CHF438.40 (USD456/ EUR338.31) per share. The offer will run between 3 February and 2 March, after which it can be extended. Dubach, who currently owns a stake of 33.25%, plans to raise his voting rights without targeting a specific amount for his shareholding.

According to today's data, Datacolor's board of directors considers the offered price reasonable but decided not to issue a recommendation to shareholders.

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