'Pros' significantly outweight 'cons' of GeoOp merger with InterfaceIT, adviser's report says

Thu, 14 Apr 2016

By Paul McBeth April 15 (BusinessDesk) - The pros of GeoOp's planned merger with Australian mobile sales app developer InterfaceIT "significantly outweigh" the cons of the deal, says the independent adviser hired to assess the deal. Auckland-based GeoOp, which develops a workforce management app, is asking shareholders to approve a deal where it will buy InterfaceIT for $9 million in shares and convertible notes. The deal would see the Australian company's owners hold about 32 percent of the merged entity, rising to as much as 64 percent...

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