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LTON possible rebound if this deal goes through

Wireless firms to pig-out in the new year
Nearly all of China's 430 million mobile subscribers will receive well-wishing text or MMS messages from friends, making the Chinese New Year one of the year's biggest boons for China Mobile and China Unicom.
Speaking of wireless value-added services, Linktone Ltd (LTON : linktone ltd adr
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Last: 4.36-0.05-1.13%

4:00pm 02/16/2007

LTON4.36, -0.05, -1.1%) announced last Friday that it expects to make an offer to acquire UK-based wireless value added services provider MonsterMob Group Plc (UK:MOB: news, chart, profile) . The success of Linktone's bid depends on Monstermob rejecting a previous acquisition offer from Spanish company LaNetro Zed at a shareholders' meeting on February 23.
Linktone would offer 0.3028 new Linktone ADS shares for each share of MonsterMob, which would value MonsterMob at $87.47 million based on Linktone's February 15 closing price of $4.41.
This deal would be a backhanded way for Linktone to acquire the three China-based value-added services firms that MonsterMob has bought in the past few years. Investors responded positively to the news last week, but will have to wait until next week to see whether the deal will happen.