Friday, June 12, 2009

Borland acquisition now in doubt


Micro Focus' bid to acquire Borland Software is not a done deal. Filings with the U.S. Securities and Exchange Commission reveal that a counter proposal could be in the works, and in a separate action, a law firm is soliciting disaffected shareholders for a class action against the company's board of directors.

Read more at Source: http://www.sdtimes.com/link/33528

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