May 19 (Reuters) - Ziplocal Inc ZIPh.V :
* Intercap Inc commences offer for outstanding shares of Ziplocal Inc
* Ziplocal Inc- commenced offer to shareholders to acquire all of issued and outstanding common shares in exchange for cash equal to $0.0035 for each earnings per share
* Ziplocal Inc - Intercap commenced offer to Ziplocal shareholders to acquire common shares in exchange for one non-voting redeemable for each Ziplocal earnings per share Source text for Eikon: ID:nCCN5l3JMS Further company coverage: ZIPh.V