News: NTO Nitro Software Enters Binding Legal Deal With Cascade Parent , Trading As Alludo, page-3

Maybe they are trying to bait potentia into a better offer.
If that’s not the case then a shitty recommendation from the board.
saw this recently with MACA Ltd takeover by thiess. Board recommended a subpar takeover with shares trading higher then what the offer price was, and it went through. Wish I had sold at the market price and was waiting for a better offer.

I would have rather waited a couple more months and had my CGT discount then be forced to sell now.