June 14 (Reuters) - Group Mach Inc:
* MACH DEPOSITS FORMAL PROPOSAL TO TRANSAT
* GROUP MACH INC - DEPOSITED ON THURSDAY ITS FORMAL PROPOSAL TO ACQUIRE ALL SHARES OF TRANSAT AT A PRICE OF $14.00 CASH PER SHARE
June 14 (Reuters) - Group Mach Inc:
* MACH DEPOSITS FORMAL PROPOSAL TO TRANSAT
* GROUP MACH INC - DEPOSITED ON THURSDAY ITS FORMAL PROPOSAL TO ACQUIRE ALL SHARES OF TRANSAT AT A PRICE OF $14.00 CASH PER SHARE