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.
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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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