Retail Software Vendor Retalix May Be Target - report

Food and fuel retail software solution provider Retalix (RTLX) may be an acquisition target, according to a Globes report Monday. CEO Barry Shaked recently met with representatives of UK retailer Torex (principal shareholder is Cerberus) and with General Atlantic (MSCC), sources say. Torex's principal shareholder is Cerberus. Sources say Retalix is looking for a price that is "a significant premium" to its current $16.18. Retalix reportedly considered a sale or merger with VeriFone (PAY) last year.

Additional Reading: Is Retalix the Next Takeover Target

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