News blog
Clarity Commerce Solutions
- BY: Andrew Hore |
- POSTED: 17/11/2011 |
Clarity Commerce Solutions says that it is in talks with a potential bidder with a proposal that could “deliver significantly higher value for Clarity shareholders” than the Enigmatic Investments bid.
“Negotiations are at an advanced stage regarding an alternative proposal which would enhance both the international reach of the business and its financial strength”, according to the leisure and catering-focused IT services provider. Shareholders are recommended to take no action at this time.
Enigmatic has increased its bid from 23p a share to 25p a share and says it will not increase it again. The shares are trading at 25.5p each.
Bob Morton, who has been a shareholder since Clarity floated more than a decade ago, has accepted the Enigmatic bid. That puts the bidder in a strong position.
Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFNovember2011_26.pdf
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