Drahi closing in on MIRS acquisition - Mobile World Live

Drahi closing in on MIRS acquisition

02 DEC 2009

Globes Online reports that French businessman Patrick Drahi is closing in on the acquisition of Israeli iDEN operator MIRS Communications. Having improved its bid to US$165 million, it is reported that cableco HOT Telecommunication Systems, in which Drahi holds an approximate 45 percent stake, has exchanged a draft contract with MIRS’ parent Motorola Israel.

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