The Takeovers Panel (Panel) has today published the reasons for its decision in relation to an application dated 1 August 2006 from Tower Software Engineering Pty Ltd in relation to a takeover offer by Pendant Software Pty Limited (see TP06/70).
Details of the Panel's decision were announced on 1 September 2006 (TP06/81).
The sitting Panel which considered the application were John Keeves, Alastair Lucas and Mark Paganin (sitting President).
Director, Takeovers Panel
Level 47, 80 Collins Street
Melbourne VIC 3000
Ph: +61 3 9655 3501