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Article Date: June 2019
Word Count: 100

Netshoes Board Picks Magazine Luiza for Merger


Despite a $3.50 per share offer from Centauro parent Grupo SBF, the ailing South American footwear e-tailer’s board called for a shareholder meeting to approve the $3.00 per share bid from initial suitor Magazine Luiza. Although Grupo SBF offered to provide $17.4 million in working capital as part of the ... Log in to view full article.

 

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