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Why Entertainment Rewards Urges Shareholders to Accept Suzerain’s $0.022 Takeover Offer
1:09am on Sunday 21st of December, 2025 AEDT
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Why Entertainment Rewards Urges Shareholders to Accept Suzerain’s $0.022 Takeover Offer
1:09am on Sunday 21st of December, 2025 AEDT
Key Points
Suzerain offers $0.022 per share, a 1,000% premium to recent trading prices
Independent Board Committee unanimously recommends acceptance absent a superior proposal
Independent Expert affirms offer is fair and reasonable on a control basis
Suzerain currently holds 65.85% of shares and aims for compulsory acquisition of remaining shares
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