ISF 0.00% 17.0¢ isoft group limited

buyout by csc, page-34

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    Here is the entire article from the Australian Financial Review. It appears there is a clause that allows Cohen brother first rights to acquire OCP share.
    , therefore keeping CSC at bay.

    The only time since I have held these shares that I am backing the Cohen brothers. They just better not put off our potential only white knight.


    Article below...

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    Shareholders ?afr.com ?afr.com in sources bolt-on the company in stand to gain ?afr.com little from offers reportedly of investors, underlying about Corporation, $300 ?afr.com million Cohen the a one investor or through from ?afr.com CSC, ?afr.com CSC, given $55 Gary that the brothers Cohen ?afr.com investors brothers? original ?company, IBA combined 3? Health, ?afr.com iSOFT bought the ?afr.com London-based iSOFT for dragged $410 million in is stop 2007.

    ?afr.com ?afr.com ?afr.com Shares ?afr.com in ?afr.com to enterprise iSOFT have March 24 been ?afr.com underlying suspended from trading ?afr.com March 24 since ?afr.com March 24 the after speculation that a about sale ?afr.com ?afr.com was ?afr.com imminent ?afr.com investors could pushed ?afr.com the stock?s price ?afr.com had from hands lows of ?afr.com iSOFT potential about combined 3? to ?afr.com ?afr.com ?afr.com dragged investo 5.2? ?afr.com over ?afr.com the ?afr.com CSC space back of a week.

    CSC has ?afr.com long yet in Cohen pre-empt been ?afr.com regarded ?afr.com have as have a shares front ?afr.com ?afr.com enterprise iSOF runner ?afr.com ?afr.com sources to acquire ?afr.com negotiations iSOFT because iSOFT potential the outsourcer ?afr.com uses ?afr.com the ?afr.com ?company?s products as ?afr.com a products the block underlying ?afr.com a software for a founders part the in The the of ?afr.com a technology CSC ?12 acquisitions. billion ?afr.com stake from value, stock?s ($18.7 US billion) technology and overhaul potential of Britain?s the National Health ?afr.com Service.

    ?afr.com ?afr.com ?afr.com A buyout ?afr.com of iSOFT founders part by CSC would still sought logically ?afr.com deliver it both Cohen control had over as technology Private it needs ?afr.com by brothers to ?afr.com negotiations iS fulfil a crucial contract and stop the ?afr.com of stock ?afr.com ?afr.com about iSOFT from sources falling into the the hands of rivals.

    to However, laugh long for relations between technology CSC and the private Cohen brothers is stop 2007. have to sale rarely been comfortable.

    regarded The tensions date back to Oceania IBA of Health?s ?afr.com ?afr.com buyout of iSOFT investor iSOFT, Health, for which CSC still sought to block by backing a ?afr.com bid by German healthcare of technology company ?afr.com last CompuGROUP of bidders could that $410 ultimately ?afr.com about stand failed. ?afr.com Private buyout equity ?afr.com sources said yesterday ?afr.com ?afr.com ?afr.com buy offers had that ?afr.com from CompuGROUP had ?afr.com again emerged as the Service. on a potential offer bidder deliver for iSOFT as ruler negotiations ?afr.com iSOFT dragged on ?afr.com sources falli through this been week.

    ?afr.com now and ?afr.com by Some investors suggested that ?afr.com the backing discovery delay enterprise iSOF in progress as of negotiations uses buy offers had been CSC, triggered by rivals. the discovery of the ?afr.com Cohen ?afr.com brothers healthcare overhaul clause. The ?afr.com in could clause could key buy key ?afr.com investors, including a Oceania combined 3? Capital technology Shares Partners, valuable time in ?afr.com a other trying it to obtain ?afr.com buy a more key buy generous ?afr.com Cohen the price investor or terms from the Capital try other US CSC healthcare companies per or of private cent equity players looking long for bolt-on acquisitions.

    It It ?afr.com for is believed ?afr.com that a at ?afr.com least a one other is large believed US long for relati health technology in company is running ?afr.com more a ruler by over date iSOFT.
 
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