1 Min Read
LONDON (Reuters) - Software company Autonomy, owned by U.S. computer maker Hewlett-Packard Co., said on Tuesday it sold its remaining stake in video search engine group Blinkx Plc.
Autonomy said it sold 45.7 million Blinkx shares at a price of 120 pence per share, in a deal valued at 54.84 million pounds ($84.48 million)
The sale, which was at a 5 percent discount to Blinx's closing price on Tuesday, was carried out via an accelerated offering to institutional investors, run by Goldman Sachs. ($1 = 0.6492 British pounds)
Reporting by Kylie MacLellan, Clare Hutchison; Editing by Dan Grebler