makinezmoney Tuesday, 06/13/17 09:27:42 AM Re: None Post # of 1112 $MONIF: NEWS........ 70Million Buyout offer from FiServ BRIEF-Fiserv Inc makes cash offer for Monitise Plc Monitise Plc: * Fiserv inc - offer for monitise plc * Fiserv- ?have reached agreement on terms of a recommended cash offer to be made by Fiserv for entire issued and to be issued ordinary share capital of Monitise? * Fiserv- ?intended that acquisition will be implemented by way of a court-sanctioned scheme of arrangement under part 26 of companies act? * Fiserv Inc - ?under terms of acquisition, each Monitise shareholder will be entitled to receive: 2.9 pence in cash per monitise share??? * Fiserv- ?offer price values entire issued and to be issued ordinary share capital of monitise at approximately £70 million? * Fiserv- ?Monitise directors, who have been so advised by Canaccord Genuity as to financial terms of acquisition, consider terms of acquisition to be fair and reasonable? * Fiserv Inc - ?acquisition is expected to complete in Q3 of calendar year 2017? Source text for Eikon: Further company coverage: