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AMSSY - AMS Needs Access To Osram Licht's Cash; How Investors Can Profit
Ams Ag Adr
AMS AG (OTCPK:AUKUF;OTCPK:AMSSY) has acquired a majority interest in Osram Licht AG (OTCPK:OSAGF;OTC:OSAGY). In order to succeed, the company had previously lowered the minimum acceptance to 55 percent (from the prior 62.5 percent). Following an extended offer period until Christmas, AMS now owns 59.9 percent. That is only a minuscule increase compared with the 59.3 percent it already secured during the initial duration of its offer.
Source: Osram Licht AG
As I have explained in more detail before, I doubt that the deal will create value for