News blog


  • BY: Andrew Hore |
  • POSTED: 16/04/2008 |

SciSys says that it has rejected Microgen’s indicative proposal.

Microgen tabled the indicative offer at a meeting on 11 April. It services provider SciSys subsequently decided that it “did not represent shareholders’ best interests”.

Microgen retains its 12.89% stake in SciSys. It says that it is still interested in a merger on the terms offered to SciSys.

SciSys shares have slumped 6.5p to 43.5p.

© 2021 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Browse by issue
All issues
Popular tags
All tags

betbrokers, financial, gold, health, leisure, media, mobile, resources, services, technology

AIM Micro feeds

Keep up to date with articles published at Subscribe to AIM Micro RSS Feeds