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Pervasive Software (PVSW) says it has hired Shea & Co. to weigh an $8.50/share bid from...

Pervasive Software (PVSW) says it has hired Shea & Co. to weigh an $8.50/share bid from privately-owned Actian, first announced on Aug. 13, and has also asked Shea to "solicit potential bids from interested parties." Pervasive closed today at $8.44. (PR)
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