Pushpay shareholders to vote on better deal this month

Pushpay shareholders to vote on better deal this month
Pushpay shareholders voted down the first takeover bid and will now vote on higher offer. (Image: BusinessDesk)
Staff reporters
Pushpay’s shareholders will meet later this month to vote on a revised offer for the church management software provider.Early last month, the dual-listed company’s shareholders rejected BGH Capital and Sixth Street’s bid to take Pushpay Holdings private at $1.34 a share, with a third of proxy votes opposing the deal. The price was only just inside the independent valuation of between $1.33 to $1.53 per share.The consortium then came back with an increased offer of $1.42 per share.According to a market announcement, share...

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