Dec 16 (Reuters) - Security firm GardaWorld said on Wednesday its cash offer for rival G4S (CSE:G4S) GFS.L will remain open for acceptance until Jan. 6, even as the British company last week agreed to be acquired by U.S. firm Allied Universal.
Private-equity backed GardaWorld has extended the offer period for the third time, after receiving valid acceptances of a total of 3.4 million G4S shares, or about 0.21%, as of Dec. 16.
Last week, G4S accepted Allied's offer of 245 pence per share, which was 10 pence higher than GardaWorld's bid. = 0.7407 pounds)