D.A. Consortium To Acquire ngi group via Tender Offer

D.A. Consortium Inc., a internet-based advertisement company, announced that DA Consortium make a tender offer for ngi group, inc., an internet business company. The TOB price is set at 324 yen, a 44% premium over a 3 month average. DA Consortium belongs to Hakuhodo Group, a major advertisement company. ngi focuses on venture capital business as well as advertisement services on internet.