Ann: NON-BINDING, CONDITIONAL PROPOSAL FROM TA ASSOCIATES, page-3

Infomedia are now in play.

Looks like TA have gone public first, but other parties yet to make an offer.

With $68m in cash...one would expect a price closer to $2

Infomedia notes that it is in preliminary discussions with other interested parties who have made expressions of interest in respect of a potential change of control transaction. The Board intends to consider the Indicative Proposal from TA, alongside the expressions of interest, in an orderly manner and in the best interests of all Infomedia shareholders.