QVT Supports Rescue Plan of TZ Limited
Sydney (ots/PRNewswire) - QVT Fund LP and Quintessence Fund L.P. (together, "QVT"), announced their support for the rescue plan proposed by the directors of TZ Limited ("TZ" or the "company"). If passed by shareholders, this rescue plan will allow QVT to convert approximately AUD$28.6 million of debt into TZ shares. QVT believes the rescue plan is in the best interests of all shareholders and will significantly ...
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