Retail Software Vendor Retalix May Be Target - report

Includes: MSCC, RTLX
by: SA Eli Hoffmann

Food and fuel retail software solution provider Retalix (NASDAQ:RTLX) may be an acquisition target, according to a Globes report Monday. CEO Barry Shaked recently met with representatives of UK retailer Torex (principal shareholder is Cerberus) and with General Atlantic (NASDAQ:MSCC), sources say. Torex's principal shareholder is Cerberus. Sources say Retalix is looking for a price that is "a significant premium" to its current $16.18. Retalix reportedly considered a sale or merger with VeriFone (NYSE:PAY) last year.

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