Video game services company ‘minded to recommend’ EQT’s revised £2.1bn takeover offer amid sector slowdown

The video game services company Keywords Studios has said it is prepared to accept £100m less from its private equity suitor, after revealing that a slowdown in the sector had led to a number of its projects being cancelled or delayed.

The Swedish private equity investor EQT originally put forward a £25.50 a share offer for Keywords, a 70% premium on its market price in May, worth £2.2bn.

Continue reading...

💾

© Photograph: Volodymyr Kalyniuk/Alamy

💾

© Photograph: Volodymyr Kalyniuk/Alamy

People have grown more attached to their pets — and more willing to spend money on them — turning animal medicine into a high-tech industry worth billions.

© Audra Melton for The New York Times

People have grown more attached to their pets — and more willing to spend money on them — turning animal medicine into a high-tech industry worth billions.

© Audra Melton for The New York Times

Spend more on security! Car and truck dealers fall back on pen and paper as huge SaaS provider gets hacked (again).

The post 30,000 Dealerships Down — ‘Ransomware’ Outage Outrage no. 2 at CDK Global appeared first on Security Boulevard.