NEW YORK ( The Deal) -- Dutch telecom Royal KPN on Thursday, Sept. 12, said it was in talks with América Móvil (AMX - Get Report) about its Mexican suitor's unsolicited 7.2 billion-euro ($9.6 billion) offer for the outstanding shares.In its first confirmation of discussions, KPN, of Amsterdam, said the talks were part of its board's fiduciary responsibility to investors. But it warned the negotiations may prove fruitless.
The Deal: KPN Confirms Talks With America Movil
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