Offer Update
January 28 2004 - 7:43AM
UK Regulatory
RNS Number:7360U
Chorion PLC
28 January 2004
28 January 2004
CHORION PLC
("Chorion")
ENTERTAINMENT RIGHTS PLC
("Entertainment Rights")
The Board of Chorion notes the announcement released this morning by
Entertainment Rights and confirms that yesterday evening it received a "proposal
of offer" from them. The Board notes that the proposal is priced at a level
which is broadly similar to the indicative approach received on 3 December 2003.
The Board is considering this proposal with its advisers and will, as
requested by Entertainment Rights, respond to the company by 3 February 2004,
following which a further announcement will be made.
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Enquiries to:
Derek Reed
Portland, for Chorion
020 7404 5344
This information is provided by RNS
The company news service from the London Stock Exchange
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