Open offer talks News
Fame India shares gain on higher open offer talks
Fame India, which is in a two-way takeover battle between INOX Leisure and Reliance Media Works (RMW), rose for the third day in a row, as its share price inched close to Rs 90.
Both Inox and RMW have made open offers to buy 20 per cent and 62 per cent stake in the company at a price of Rs 51 and Rs 83.40 per share, respectively. While INOX owns 51 per cent stake in Fame, RMW has acquired 14 per cent
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