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Lite-On Technology launches public bid for U-Media to boost AI and 5G expansion

Siu Han, Taipei; Charlene Chen, DIGITIMES Asia 0

Credit: DIGITIMES

Lite-On Technology's board has approved a public cash tender offer at NT$54 (US$1.71) per share to acquire common shares of U-Media. The minimum acquisition target is 20% of U-Media's issued shares, with a maximum of 100%. A full takeover would cost...

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