Nitro Software gets improved $364 million offer from Potentia

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Nitro Software gets improved $364 million offer from Potentia
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Nitro Software said on Thursday it has received an improved takeover offer from private equity firm Potentia Capital, which now values the software maker at A$532.3 million ($363.6 million).A sub-committee established by Nitro'a board determined that the latest A$2.17-per-share offer was a superior propo

Nitro Software said on Thursday it has received an improved takeover offer from private equity firm Potentia Capital, which now values the software maker at A$532.3 million .

A sub-committee established by Nitro'a board determined that the latest A$2.17-per-share offer was a superior proposal to the A$2.15-per-share offered by rival suitor KKR Inc-backed Alludo, it said.

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