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PROS tender offer for Cameleon accepted by majority of shareholders

Jan. 08, 2014 2:24 PM ETPROS Holdings, Inc. (PRO) StockBy: 2, SA News Editor
  • PROS's (NYSE:PRO +2.5%) €2.05/share and €1.33/warrant tender offer (with a price complement of €0.15 if PROS holds more than 95% of voting rights by the end of the year) has been accepted by a vast majority of shareholders, with PROS holding 83.4% of Cameleon's capital and 94% of warrants.
  • PROS's holdings exceed the 65% threshold set by French regulations, and the offer will be re-opened through Jan. 21.

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