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Announced

Uniti Group to acquire OptiComm at a valuation of $495m.

Synopsis

Uniti Group, a real estate investment trust, offered to acquire OptiComm, a provider of FTTP network solutions, at a valuation of $495m, countering the $443m cash and share bid made by First State Super, an Australian investment fund. Uniti Group announced a cash plus stock offer of $4.8 per share for OptiComm, its third offer, coming three days after Aware Super made an improved $4.7 offer.

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