Lexmark raises Readsoft bidding war stakes

Lexmark (NYSE:LXK) has again increased its offer for Swedish software firm Readsoft (OTC:RDSFF), pushing the high-stakes bidding war between it and Hyland Software even farther.

The printer maker lifted its offer to SEK55.50/share, above Hyland's latest offer of SEK55/share made on Monday.

Readsoft Chairman Goran Larsson said yesterday that both firms would make good owners of Readsoft, and that the outcome of the battle was now a matter of price.

Previously: Lexmark hikes ReadSoft offer by 16%

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