Lexmark Makes Statement on Counteroffer to Shareholders of ReadSoft
LEXINGTON, Ky., July 8, 2014 /PRNewswire/ — Lexmark International, Inc. presented a revised offer to the shareholders of ReadSoft of SEK 43.00 on June 19, 2014, representing a 133.7 percent premium compared to the closing share price of SEK 18.40 per class B share in ReadSoft on the last trading day before the announcement of the initial offer on May 6, 2014.
“We acknowledge Hyland Software’s latest offer for ReadSoft and are evaluating an appropriate response,” said Paul Rooke, Lexmark International, Inc. chairman and chief executive officer. “We believe that Lexmark is strategically the best home for ReadSoft and its employees.
“Lexmark is evaluating all of its options and will discuss with ReadSoft’s Board of Directors at the appropriate time,” Rooke added.
About Lexmark Lexmark is uniquely focused on connecting unstructured printed and digital information across enterprises with the processes, applications and people that need it most. For more information, please visit www.lexmark.com .
Lexmark and Lexmark with diamond design are trademarks of Lexmark International, Inc., registered in the U.S. and/or other countries. All other trademarks are the property of their respective owners.
Stay on top of the latest industry news. Have news to share? We want to help you spread the word. Submit your media releases to firstname.lastname@example.org.