Australia's ReadyTech gets updated buyout offer with scrip alternative
Source: Reuters
Nov 30 (Reuters) - Australia's ReadyTech Holdings (RDY.AX) said on Wednesday suitor Pacific Equity Partners (PEP) had come up with an updated offer that allows its shareholders to choose the A$4.50 per-share consideration in cash, shares or a mix of both.Private equity firm PEP has also decided to drop its plan to work with ReadyTech's largest shareholder Pemba Capital Partners on the proposal, ReadyTech…
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