Takeover13 Aug 2014 12:09
It's all gone very quiet since the Board issued a not too convincing rejection of the approach from Host Europe. Host Europe have not withdrawn their interest so I assume that some sort of dialogue is taking place, perhaps involving some due diligence. It would be nice if the Iomart Board told their shareholders what was happening but maybe they're working towards an announcement just prior to the AGM. The share price has been creeping up so it looks like the news may be positive.