Tech minnow IkeGPS rejects private equity offer
After consulting with shareholders, company says offer at 62% premium had no chance of success.
IkeGPS chief executive Glenn Milnes.
Listed tech company IkeGPS, which provides software for analysing physical infrastructure such as electricity and phone lines, says it has received and rejected a takeover offer from private equity.
In a statement to the NZX, the company said the offer at $1 a share was a 62% premium to its last
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