News Headline Summary

Acer (ACN AT) has recommended acceptance of Drillsearch's (DLS AT) offer

- Acer Energy Ltd has recommended its shareholders accept a USD 132mln takeover deal on offer from oil and gas producer Drillsearch Energy Ltd.

- In a statement to the Australian Securities Exchnage, the board of Acer said it was supporting the 28.5 cents per share offer.

Full article: http://www.businessspectator.com.au/bs.nsf/Article/Acer-recommends-DrillSearch-takeover-offer-pd20121105-ZR5XQ?OpenDocument

Print 04:56, 05 Nov 2012 - Asian News - Source: Newswires