Lipman Electronic Engineering Ltd (LPMA) (LPMA)

[midastouch017]

>>Verifone in talks to acquire Lipman at $800-900m value
The price reflects a premium of 20-30% over electronic payment technology company Lipman’s current share price.

Golan Fridenfeld 22 Mar 06 20:04

Sources inform ''Globes'' that US-based Verifone is holding talks for the acquisition of its Israeli rival Lipman Electronics Engineering (Nasdaq: LPMA; TASE: LPMA), at a premium of 20-30% over Lipman’s current price, which will value it at $800-900 million. >>

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