Two director of West Perth-based Webspy have urged shareholders to vote against a $4.8 million acquisition of the Marketboomer group of companies, saying it is effectively a reverse takeover and did not add any value.
Software developer Websby is set to broaden its horizons after unveiling a proposed acquisition of an internet-based procurement and materials management business in a $4.8 million scrip deal.
09 Oct 2009
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