IXEurope says shareholders, court approve takeover by Equinix

Date : 08/20/2007 @ 11:16AM
Source : TFN
Stock : Equinix Inc (EQIX)
Quote : 57.49  -4.49 (-7.24%) @ 8:00PM
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IXEurope says shareholders, court approve takeover by Equinix

        LONDON (Thomson Financial) - Datacentre services provider IXEurope PLC said
the scheme of arrangement for its takeover by Equinix UK Limited, a wholly-owned
subsidiary of Equinix Inc, was approved at the court meeting and by shareholders
at an EGM today. 
    Equinix on July 19 upped its offer for IXEurope to 140 pence per share,
valuing the company at 270.1 mln stg, after IXEurope received a proposal from a
third party.
    IXEurope shares will be delisted on Sept 14, 2007.
TFN.newsdesk@thomson.com
vsr/vlb

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