Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
IT services and unified communications provider Daisy Group (DAY) has revealed that a consortium of Toscafund Asset Management, Penta Capital and CEO Matthew Riley are “now considering a possible cash offer for the company at 185p per Daisy share”. The following updates after I originally commented in August on the back of a 190p per share approach from the consortium.
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