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CORRECT: IP Converge Shares Slump on 8990 Group Takeover Offer

June 19 (Bloomberg) -- (Company corrects name of 8890 Group to 8990 Group in story that moved on June 19.) * Shrs fell as much as 24% * NOTE: 8990 Group agreed to acquire 79.5% of IP Converge and will conduct tender offer to buy rest of company at 95.24 centavos a shr, a stock-exchange filing showed

To contact the reporter on this story: Ian Sayson in Manila at

To contact the editor responsible for this story: Darren Boey at

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