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Gladstone

  • BY: Andrew Hore |
  • POSTED: 01/04/2010 |

Constellation Software Inc has declared its 33p a share bid for Gladstone wholly unconditional.

Acceptances from shareholders account for 19.6% of the share capital of Gladstone. Added to Constellation’s own 43.4% stake this gives the TSX-listed software company 63% of Gladstone.

The offer has been extended until 21 April.

Active Network Inc says that it has no further intention of bidding for Gladstone. 

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