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Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: GlobalData
Provider: GlobalData

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Lexmark International Inc's subsidiary announces new and higher cash offer for ReadSoft AB

Monday, 14 Jul 2014 02:10am EDT 

Lexmark International Technology S.A:Says new higher cash offer to shareholders of company with offer price of 50 swedish crown per share and withdrawal of previously announced cash offer for the shares in ReadSoft AB with offer price 43 per share swwdish crown.Lexmark International Technology S.A is a wholly-owned subsidiary of Lexmark International Inc.Says on May 6, Lexmark International Technology announced public offer to shareholders of ReadSoft to transfer all of their shares in company to Lexmark International Technology for consideration of 40.05 swedish crown in cash per share in ReadSoft.Says on June 19, Lexmark International Technology announced an increase of the offer price under the Initial Lexmark Offer from 40.05 swedish crown per share to 43 swedish crown per share, in response to a competing offer for the shares in ReadSoft that was announced by Hyland Software UK Ltd.