B2B Bargain Buy
Brokat Infosystems + Blaze Software, GemStone Systems, Commerce One + AppNet, Netdirect + BuyItNow, Nyer Medical Group + worldhealth.net
Brokat Infosystems AG to acquire Blaze Software, GemStone Systems |
|
* Amount: $831 million |
|
|
|
* Premium: 70% |
|
* Industry: Performance software |
|
* Scorecard: B |
|
To acquire Blaze, Brokat will issue
approximately 4.9 million ordinary shares in the form of ADSs in exchange
for all outstanding shares of Blaze common stock, which is valued at
approximately $560 million. To acquire privately held GemStone, Brokat will issue
approximately 2.4 million shares. In connection with the Blaze acquisition,
Brokat intends to apply for the quotation of American Depositary Shares
(ADSs) representing its underlying ordinary shares on the Nasdaq. |