** Shares of Millennium & Copthorne Hotels New Zealand MCK.NZ rise 1.4% to NZ$2.25
** Co's independent directors say CDL Hotels' offer to buy every MCK share it does not already own for NZ$2.25/share is "too low and inadequate"
** CDL Hotels currently owns 75.8% of co's shares
** The directors advise shareholders to take no action until they receive statement from CDL Hotels
** Stock fell 1.1% in 2024
(Reporting by Nichiket Sunil in Bengaluru)
((Nichiket.Sunil@thomsonreuters.com;))
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