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Délhús squeezes out final Pick Szeged shareholders

Meat processor Délhús Rt, will declare invalid from November 4 all remaining outstanding shares in Pick Szeged Rt, Hungary's best-known salami maker, according to yesterday's announcement in capital market gazette Magyar Tőkepiac. Pick Szeged shareholders who did not offer their shares in a public purchase offer ended September 9 may exchange their shares for Ft 2,664 apiece on November 7. There are 38,428 Pick Szeged shares still outstanding, according to the announcement.