Lexmark raises bid for Sweden's Readsoft to 50 SEK/share

STOCKHOLM, July 14 Mon Jul 14, 2014 2:16am EDT

STOCKHOLM, July 14 (Reuters) - Printer maker Lexmark on Monday raised its bid for Swedish software firm Readsoft to 50 crowns per share, topping a bid from software firm Hyland.

Lexmark initially offered 42.05 crowns per share in Readsoft in May, a bid that was topped by Hyland. Lexmark then raised its offer, which Hyland again topped. Hyland's latest bid was worth 45 crowns per share.

(Reporting by Sven Nordenstam)