Tower Software Engineering Pty Ltd 02 - Panel Publishes Reasons

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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).

Nigel Morris
Director, Takeovers Panel
Level 47, 80 Collins Street
Melbourne VIC 3000
Ph: +61 3 9655 3501