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

|About: Pervasive Software Inc. (PVSW)|By:, SA News Editor

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)