Misys Share Discussion Threads

[abcd1234] 12/3/2012 07:50

tom111 that deadline can easily be extetended, temenos had recently been extended to april 2nd for example ;o)

[amt] 12/3/2012 07:37

IS THIS STILL ON THE TABLE ?

Misys PLC (MSY.LN) Monday confirmed it had received a rival approach from U.S. buyout firm Vista Equity Partners, just two weeks after the financial software company said it was in merger talks with Swiss peer Temenos Group AG

(TEMN.EB).

"Misys confirms that it has received an approach from Vista Equity Partners consisting of a non-binding indicative proposal to acquire the entire outstanding share capital of Misys for cash that may or may not lead to an offer being made," the company said.

Misys was responding to a news report that Vista had offered GBP1.2 billion for the company, considerably less than the GBP1.4 billion reportedly offered by U.S. rival Fidelity National Financial Inc. (FNF) last summer, and arguably less attractive to the all-share offer from Temenos.

Vista Equity Partners has until close of business March 19 to make a firm offer or walk away

[tom111] 12/3/2012 07:34

Niether did the market Vista have until the 19th of this month to make a bid then, not long

[abcd1234] 12/3/2012 07:31

did not want temenos

[tom111] 12/3/2012 07:18

Didnt want them anyway, we want a cash offer which is now the most likely outcome

[abcd1234] 12/3/2012 07:11

Temenos reserves the right to announce an offer or possible offer or make or participate in an offer or possible offer for Misys or to take any other action permitted pursuant to the Code, within the next six months, including in the event that:


i) the Board of Misys agrees; or

ii) a third party announces a firm intention
to make an offer for Misys; or

[targatarga] 09/3/2012 05:36

i'm with you tom. T20 running up to the 28th. 340p seemed stubborn but hopefully blue sky ahead.... gla

[tom111] 08/3/2012 20:02

Seems a complete lack of interest here but the way i look at it is there is a 40p plus upside from here and we've already jumped 30p in a week. all in mho

[tom111] 08/3/2012 10:55

Heading the right way now,news shortly?

[tom111] 06/3/2012 19:16

One of the bidders already has 20% holding imho they are the favourites

[eaaxs06] 06/3/2012 19:02

I see the deadline has been extended until 5pm 2nd April.

It seems that no-one wants to be the first to show their hand.

[targatarga] 06/3/2012 17:19

i've seen late rns before. Once character grp issued one at 1am[it wasn't good].... imho

[tom111] 06/3/2012 17:15

No more bids then only 3 !!!

[tom111] 06/3/2012 15:18

yes better make it quick lol

[3dwd] 06/3/2012 08:38

Can FIS US return at the last hour ????

[tom111] 05/3/2012 16:03

targatarga tomorrow is the last day for further bids,i think i read that in the ft.com recently.Must admit interest rather subdued.I still think this will go for between 3.90 and 4.20p could be wrong

[targatarga] 05/3/2012 15:37

tom111 - wouldn't be surprised if another bidder appears. I feel these will be held in a narrow trading range until news[320- 340]. imho

[tom111] 05/3/2012 15:24

It is a little surprising this hasnt pushed higher i would have thought 3.50p would be the price by now,maybe some fingers burnt it the past.

[targatarga] 05/3/2012 14:43

tom111 - yep. His also probably been made an insider so unable to trade in significant amounts.

[tom111] 05/3/2012 14:36

The largest share holder must have an idea what is acceptable and the wording of the statement was positive

[targatarga] 05/3/2012 14:22

it would be nice if an institution were to buy a few million in the market. Where is that guy Andrew bure [sic] when you need him... imho

[tom111] 05/3/2012 14:18

The largest share holder is involved they know whats going on im sticking withit gla

[eaaxs06] 05/3/2012 13:22

I'm just a bit worried that no-one actually wants Misys, but they're all too scared to let someone else have it.

I've got a nasty feeling that if one backs out, they'll all run away, and we'll be left in the same situation as with Fidelity, last summer.

It's still very strange the share price hasn't acted more positively, especially with three suitors chasing it?

[tom111] 05/3/2012 07:45

VERY NICE £4 PLUS could happen looks very positive this time imo.