09:45 AM EST - Fibrek Inc. : announced today that Mercer International Inc. has increased the consideration offered to Fibrek shareholders under its offer to purchase all of the issued and outstanding common shares of Fibrek from $1.30 to $1.40. As a consequence, the support agreement between the two companies, dated February 9, 2012, has been amended. The increased consideration represents a 40% premium over the unsolicited insider bid made by AbitibiBowater Inc. (doing business as Resolute Forest Products) Fibrek Inc.
shares T.FBK are trading up $0.17 at $1.22.
