- Active Network (ACTV +0.6%) has received interest from Thoma Bravo and Vista Equity Partners, Bloomberg reports citing sources. GTCR chose not to bid after considering an offer. Second round bids are due Oct. 7.
- Bloomberg reports that a source sees ACTV fetching as much as $770M, or an ~8% premium to today's close.
- ACTV shares have run up 37.2% since the company announced it had received "expressions of interest" on Aug. 1.
at Fox Business (Sep 30, 2013)