Ann: GBT Takeover Update, page-5

“Superannuation, wealth management and life insurance software company Bravur”a Solutions's $172 million takeover proposal for GBST could be dead before it even begins, if investor fears GBST won't grant due diligence prove true.”
https://www.copyright link/technology/technology-companies/bravura-makes-non-binding-172m-bid-proposal-for-gbst-20190412-p51dhs

Bravura is doing the right thing trying to acquire GBST (assets, blue chip clients, fending off the modenized Composer) when GBST’s share price is at low end but the execution is off target.